Skip to main content

Altruism

  • Living reference work entry
  • First Online:

Abstract

The French term ‘altruisme’ was introduced by Auguste Comte (1830–42) to signify devotion to the welfare of others, especially as a principle of action. It is closely related to concepts such as benevolence and unselfishness. It has long attracted the interest of moral philosophers (see e.g. Nagel 1970; Milo 1973; Roberts 1973; Collard 1978; Margolis 1982). Rescher (1975, p. 11) categorizes it as one of the ‘modalities’ of unselfishness. Numerous social scientists in many fields, including sociobiology, have been interested in altruistic behaviour as helping to assure species and gene survival (Becker 1976; Collard 1978, ch. 5). While some economists have participated in such research, more have naturally concentrated upon the implications of altruism for economic outcomes–in particular, the allocation of resources and the distribution of income.

This chapter was originally published in The New Palgrave: A Dictionary of Economics, 1st edition, 1987. Edited by John Eatwell, Murray Milgate and Peter Newman

This is a preview of subscription content, log in via an institution.

References

  • Arrow, K.J. 1974. Gifts and exchanges. Philosophy and Public Affairs 1: 343–362. reprinted as pp. 13–28 of Phelps (1975).

    Google Scholar 

  • Arrow, K.J. 1981. Optimal and voluntary income distribution. In Economic welfare and the economics of soviet socialism: Essays in honour of Abram Bergson, ed. S. Rosefield, 267–288. Cambridge: Cambridge University Press. reprinted as ch. 15 of Collected Papers of Kenneth J. Arrow, Vol. 1: Social choice and justice. Cambridge, MA: Belknap Press.

    Chapter  Google Scholar 

  • Barro, R. 1974. Are government bonds net wealth? Journal of Political Economy 82: 1095–1117.

    Article  Google Scholar 

  • Barry, B.M. 1965. Political argument. London: Routledge & Kegan Paul.

    Google Scholar 

  • Becker, G.S. 1974. A theory of social interactions. Journal of Political Economy 82: 1063–1091.

    Article  Google Scholar 

  • Becker, G.S. 1976. Altruism, egoism and genetic fitness: Economics and sociobiology. Journal of Economic Literature 14: 817–826.

    Google Scholar 

  • Becker, G.S. 1981. Altruism in the family and selfishness in the market place. Economica 48: 1–16.

    Article  Google Scholar 

  • Bergstrom, T.C. 1970. A ‘Scandinavian consensus’ solution for efficient income distribution among nonmalevolent consumers. Journal of Economic Theory 2: 383–398.

    Article  Google Scholar 

  • Bergstrom, T.C., and H.R. Varian. 1985. When are Nash equilibria independent of the distribution of agents’ characteristics? Review of Economic Studies 52: 715–718.

    Article  Google Scholar 

  • Bergstrom, T.C., L. Blume, and H.R. Varian. 1986. On the private provision of public goods. Journal of Public Economics 29: 25–49.

    Article  Google Scholar 

  • Bernheim, B.D., and Bagwell, K. 1985. Is everything neutral? Mimeo, Stanford University; forthcoming in the Journal of Political Economy.

    Google Scholar 

  • Bliss, C.J., and B. Nalebuff. 1984. Dragon-slaying and ballroom dancing: The private supply of a public good. Journal of Public Economics 25: 1–12.

    Article  Google Scholar 

  • Boulding, K.E. 1973. The economy of love and fear: A preface to grants economics. Belmont: Wadsworth.

    Google Scholar 

  • Collard, D.A. 1978. Altruism and economy: A study in non-selfish economics. Oxford/New York: Martin Robertson/Oxford University Press.

    Google Scholar 

  • Comte, A. 1830–42. Cours de philosophie positive, 6 vols. Paris: Bachelier.

    Google Scholar 

  • Hammond, P.J. 1975. Charity: Altruism or cooperative egoism? In Phelps (1975), 115–131.

    Google Scholar 

  • Hirshleifer, J. 1977. Shakespeare vs. Becker on altruism: The importance of having the last word. Journal of Economic Literature 15: 500–502.

    Google Scholar 

  • Hochman, H.M., and J.D. Rodgers. 1969. Pareto optimal redistribution. American Economic Review 59: 542–557.

    Google Scholar 

  • Kolm, S.-C. 1969. The optimal production of social justice. In Public economics, ed. J. Margolis and H. Guitton, 145–200. London: Macmillan.

    Chapter  Google Scholar 

  • Kurz, M. 1977. Altruistic equilibrium. In Economic progress, private values, and public policy: Essays in honor of William Fellner, ed. B. Balassa and R. Nelson, 177–200. Amsterdam: North-Holland.

    Google Scholar 

  • Kurz, M. 1978. Altruism as an outcome of social interaction. American Economic Review: Papers and Proceedings 68: 216–228.

    Google Scholar 

  • Margolis, H. 1982. Selfishness, altruism, and rationality: A theory of social choice. Cambridge: Cambridge University Press.

    Google Scholar 

  • Milo, R.D. (ed.). 1973. Egoism and altruism. Belmont: Wadsworth.

    Google Scholar 

  • Nagel, T. 1970. The possibility of altruism. Oxford: Clarendon Press.

    Google Scholar 

  • Nakayama, M. 1980. Nash equilibria and Pareto optimal income redistribution. Econometrica 48: 1257–1263.

    Article  Google Scholar 

  • Phelps, E.S. (ed.). 1975. Altruism, morality and economic theory. New York: Russell Sage Foundation.

    Google Scholar 

  • Rescher, N. 1975. Unselfishness: The role of the vicarious affects in moral philosophy and social theory. Pittsburgh: University of Pittsburgh Press.

    Google Scholar 

  • Roberts, T.A. 1973. The concept of benevolence: Aspects of eighteenth-century moral philosophy. London: Macmillan.

    Book  Google Scholar 

  • Sugden, R. 1982. On the economics of philanthropy. Economic Journal 92: 341–350.

    Article  Google Scholar 

  • Sugden, R. 1983. Who cares? An economic and ethical analysis of private charity and the welfare state. London: Institute of Economic Affairs.

    Google Scholar 

  • Sugden, R. 1984. Reciprocity: The supply of public goods through voluntary contribution. Economic Journal 94: 772–787.

    Article  Google Scholar 

  • Sugden, R. 1985. Consistent conjectures and voluntary contributions to public goods: Why the conventional theory does not work. Journal of Public Economics 27: 117–124.

    Article  Google Scholar 

  • Warr, P. 1982. Pareto optimal redistribution and private charity. Journal of Public Economics 19: 131–138.

    Article  Google Scholar 

  • Warr, P. 1983. The private provision of a public good is independent of the distribution of income. Economics Letters 13: 207–211.

    Article  Google Scholar 

  • Winter, S.G. 1969. A simple remark on the second optimality theorem of welfare economics. Journal of Economic Theory 1: 99–103.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Copyright information

© 1987 The Author(s)

About this entry

Cite this entry

Hammond, P.J. (1987). Altruism. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_470-1

Download citation

  • DOI: https://doi.org/10.1057/978-1-349-95121-5_470-1

  • Received:

  • Accepted:

  • Published:

  • Publisher Name: Palgrave Macmillan, London

  • Online ISBN: 978-1-349-95121-5

  • eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

Publish with us

Policies and ethics