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American Economic Review Vol. 97 No. 2 2007

Can Contract Theory Explain Social Preferences?

W. Bentley MacLeod

Department of Economics, Mail Code 3308, Columbia University, 420 West 118th Street, New York, NY.

Abstract

During the last several decades, a growing body of laboratory research has shown that human subjects do not always choose to maximize material payoffs. Economists following the lead of

DOI
10.1257/aer.97.2.187
Volume
97
Issue
2
Pages
187-192
Language
en
Sources
bibtex:phds-export.bib openalex crossref

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