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In addition to self-interested behavior, people sometimes behave as if they have altruistic preferences, and preferences for equality and reciprocity (Camerer and Fehr 2004). Critically
In addition to self-interested behavior, people sometimes behave as if they have altruistic preferences, and preferences for equality and reciprocity" (Camerer and Fehr 2004). Critically discuss with reference to relevant experimental evidence from economics. (35 points)
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