The Economics of Reciprocity, Giving and Altruism
Reciprocity is a pervasive type of social interaction in encounters, groups and organizations. This volume gathers basic recent works in its main domains such as the theory of reciprocity, the public economics of transfers, the economics of the family, ch
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The Economics of Reciprocity, Giving and Altruism Edited by
L.-A. Gérard-Varet Professor Institute for Advanced Studies in the Social Sciences Marseilles
S.-C. Kolm
Director Institute for Advanced Studies in the Social Sciences Paris
and
J. Mercier Ythier
Maître de Conférences University of Paris La Sorbo nne
in association with Palgrave Macmillan
First published in Great Britain 2000 by
MACMILLAN PRESS LTD
Houndmills, Basingstoke, Hampshire RG21 6XS and London Companies and representatives throughout the world A catalogue record for this book is available from the British Library. ISBN 978-0-333-74769-8 This book is published in the International Economic Associalion series General Editor: Michael Kaser Series Standing Order ISBN 978-0-333-71242-9 (outside North America only) First published in the United States of America 2000 by
ST. MARTIN'S PRESS, LLC,
Scholarly and Reference Division, 175 Fifth Avenue, New York, N.Y. 10010
ISBN 978-1-349-62747-9 DOI 10.1007/978-1-349-62745-5
ISBN 978-1-349-62745-5 (eBook)
Library of Congress Cataloging-in-Publication Data The economics of reciprocity, giving, and altruism / edited by L.A. Gérard-Varet S.C. Kolm, and J. Mercier Ythier. p.cm. Includes bibliographical references and index.
I. Reciprocity. 2. Charity. 3. Altruism. I. Gérard-Varet L.-A. (Louis-André) II. Kolm, Serge-Christophe. III. Mercier Ythier, J. (Jean) HF1721 .F33 330.1-dc21
2000 99-059246
© International Economic Association 2000 Softcover reprint of the hardcover 1st edition 2000 978-0-312-22956-6
All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London W1P 0LP. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. 10 09
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Contents vii
The International Economic Association Acknowledgements
ix
List of Contributors
X
1
Introduction: The Economics of Reciprocity, Giving and Altruism Serge-Christophe Kolm
1
Part I Giving 2 3 4
The Common Property Nature of Market-inalienability Emanuel D. Thome
47
Preference Variation and Private Donations Erik Schokkaert and Luc Van Ootegem
78
Gift Equilibrium and the Liberal Distributive Social Contract: A Tentative Synthesis Jean Mercier Ythier
96
Part II 5 6
7 8 9
Reciprocity
The Theory of Reciprocity Serge-Christophe Kolm
115
Equi
