The rich, the poor and social cooperation

The thicker the wallet, the more cooperative you are? An economist from the Max-Planck-Institute for Tax Law and Public Finance proves via laboratory experiments that rich people are believed to be more cooperative than poor people—by both the "rich" and the "poor." This aspect of conditional cooperation, which is, so far, only poorly understood, can help explain cooperation failures in socially diverse groups. This is because how cooperative we behave depends strongly on how cooperative we believe our counterpart to be.

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