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Spite and Development

In a wide variety of settings, spiteful preferences would constitute an obstacle to cooperation, trade, and thus economic development. This paper shows that spiteful preferences - the desire to reduce another's material payoff for the mere pur...

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Bibliographic Details
Main Authors: Fehr, Ernst, Hoff, Karla, Kshetramade, Mayuresh
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
CASTES
COLLECTIVE ACTION
COLLECTIVE ACTION PROBLEMS
COMPETITIVE ADVANTAGE
CONTRACT ENFORCEMENT
CULTURAL DIFFERENCES
DEVELOPING COUNTRIES
ECONOMIC DEVELOPMENT
ECONOMIC PERFORMANCE
EQUILIBRIUM
EXPECTED RETURNS
EXPECTED UTILITY
FREE RIDERS
FUTURE RESEARCH
INEQUALITY
INFORMAL AGREEMENTS
INTERNATIONAL BANK
INVESTMENT DECISIONS
LAND OWNERSHIP
MACROECONOMICS
MARGINAL COST
PARENTS
PAYOFF
PAYOFFS
PRIVATE PARTIES
PUBLIC GOOD
SOCIAL DEVELOPMENT
SOCIAL GROUPS
SOCIAL PSYCHOLOGY
TRADING
TRUSTEE
UTILITY FUNCTION
VILLAGE
VILLAGES
WILLINGNESS TO PAY
Online Access:http://documents.worldbank.org/curated/en/2008/05/9452412/spite-development
http://hdl.handle.net/10986/6718

Internet

http://documents.worldbank.org/curated/en/2008/05/9452412/spite-development
http://hdl.handle.net/10986/6718

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