cross-cultural experiments

Rob Boyd
From The New Palgrave Dictionary of Economics, Second Edition, 2008
Edited by Steven N. Durlauf and Lawrence E. Blume
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Abstract

Experiments conducted in student populations suggest that people are not money maximizers, but also seem to have social preferences. To determine whether these social preferences are culturally variable, a group of economists and anthropologists undertook a series of economic experiments in a wide range of non-Western, small scale societies. Results in these societies were highly variable, and in some of them strikingly different from experiments in student populations. Variation in behaviour was correlated with societal characteristics, but not individual attributes. Finally, variation in punishment across societies predicted variation in cooperation across societies.
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How to cite this article

Boyd, Rob. "cross-cultural experiments." The New Palgrave Dictionary of Economics. Second Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2008. The New Palgrave Dictionary of Economics Online. Palgrave Macmillan. 30 August 2014 <http://www.dictionaryofeconomics.com/article?id=pde2008_C000596> doi:10.1057/9780230226203.0343

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