Abstract
One explanation of altruism is that it arises from "mentalizing", the process of understanding the mental states of others. Another is based on sexual selection: altruism is a costly signal of good genes. This paper shows that these two arguments are stronger together in that altruists who can mentalize have a greater ad- vantage over non-altruists when they can signal their type, even though these signals are costly, when such signalling allows better matching opportunities. Finally, it shown how mentalizing leads to higher payoffs for both partners in a long-term relationship, modeled as a repeated game with private monitoring.
Original language | English |
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Pages (from-to) | 272-292 |
Number of pages | 21 |
Journal | American Economic Journal: Microeconomics |
Volume | 6 |
Issue number | 4 |
DOIs | |
Publication status | Published - 1 Nov 2014 |
Keywords / Materials (for Non-textual outputs)
- JEL C73
- JEL D64
- JEL D82
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Dive into the research topics of 'Competitive altruism, mentalizing, and signaling'. Together they form a unique fingerprint.Profiles
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Ed Hopkins
- School of Economics - Visitor: Staff Other UK HEI
Person: Affiliated Independent Researcher