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On Altruism in Economic Behaviour. Price Equation [Asupra altruismului în comportamentul economic. Ecuaţia Price]

Author

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  • Marinescu Ada

    (Universitatea din Bucureşti)

Abstract

We will discuss in this paper the relation between natural selection and altruism. While at the individual level, the altruistic behaviour reduces the fitness of an individual, at group level the behaviour of altruism produces as result a better adaptation to the environment. In this way, only altruism can contribute to evolution. We will present different perspectives on altruism.

Suggested Citation

  • Marinescu Ada, 2016. "On Altruism in Economic Behaviour. Price Equation [Asupra altruismului în comportamentul economic. Ecuaţia Price]," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 02, June.
    • Handle: RePEc:oen:econom:y:2016:i:02:id:468
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    Keywords

    altruism; cooperation; selection; evolution;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers

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