Vernon L. Smith a1 a1 Departments of Economics and Law, George Mason University, Fairfax, VA 22030
Vsmith2@gmu.edu
Abstract
Selfishness narrowly defined as choosing dominant outcomes independent of context is widely rejected by experimentalists. Humans live in two worlds of personal and impersonal exchange; both are manifestations of human sociality, but the emphasis on preferences rather than cultural norms of personal exchange across time too much reflects a limited economic modeling, and fails to capitalize on the fresher experimental economics message of culture and diversity.
