Chapter 7: The Invisible Hand and the Blind Watchmaker
Altruistically Inclined, pp. 295-336, 2001
34 Pages Posted: 25 Mar 2008
Abstract
The heuristics and bias program has generated a body of striking experimental results that all serious students of human behavior need to address. It has increased our receptivity to what can be learned from experimental methods. And it has introduced into our vocabulary the important concept of framing: the idea that people may reason about and respond differently to the same formal problem presented in different contexts. The research generated and language employed by this program are very much consonant with the postulate of cognitive modularity developed in chapter 5.
Keywords: Altruism, Game Theory, Behavioral Economics, Evolutionary Theory
JEL Classification: B41, C71, D64
Suggested Citation: Suggested Citation