Reciprocity: An Economics of Social Relationsby Serge-Christophe Kolm
Pub. Date: 12/31/2007
Publisher: Cambridge University Press
Reciprocity is the basis of social relations. It permits a peaceful and free society in which people and rights are respected. The essence of families and communities, it also enables the working of markets and organizations, while correcting their main failures. Reciprocity is also a basis of politics, and it justifies social policies. Although the importance of… See more details below
Reciprocity is the basis of social relations. It permits a peaceful and free society in which people and rights are respected. The essence of families and communities, it also enables the working of markets and organizations, while correcting their main failures. Reciprocity is also a basis of politics, and it justifies social policies. Although the importance of reciprocity has been widely recognized in other social sciences, it has, until recently, been somewhat ignored in economic analysis. Over the past three decades, economic theorist and moral philosopher Serge-Christophe Kolm has been at the forefront of research into the economics of the deepest aspects of societies. In Reciprocity, he provides a unique in-depth analysis of the motives, conducts, and effects of reciprocal relationships. In doing this, he explains crucial functionings of society and its economy, and the ways in which they can be improved. This book should be read by economists, sociologists, philosophers, and anyone concerned with understanding the economy of social relationships and its far-reaching consequences.
Table of Contents
List of figures; Foreword; Part I. Facts and Forms: 1. Presentation; 2. Evidence and scope; 3. Giving and exchanges; 4. Forms and structures of reciprocity; Part II. Motives: 5. The three worlds of reciprocity; 6. Balance reciprocity; 7. Liking reciprocities; 8. Other reciprocities: continuation, relational, imitation, extended; 9. Reciprocity and social sentiments; 10. Reciprocity in the modes of economic realisation; Part III. Values and Reasons: 11. The values of reciprocity; 12. Reciprocal corrections of market failures; 13. Reciprocity in trust, and intrinsic values; 14. Normative uses of reciprocity; 15. The logic of good social relations; 16. How and why? Understanding and explaining reciprocity; Part IV. The Economics of Reciprocity: 17. General methodology of reciprocity analysis; 18. The theory of comparative, matching, or balance reciprocity; 19. The theory of liking reciprocity; 20. Strategic interaction and process preferences; 21. General properties about processes; 22. Solutions of reciprocity games - comparisons; 23. Reciprocity in the understanding of society and its economy; References and bibliography.
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