Rock, Paper, Scissors by Len Fisher

Author:Len Fisher [Fisher, Len]
Language: eng
Format: epub, pdf
ISBN: 9780786726936
Publisher: Basic Books
Published: 2008-11-03T06:00:00+00:00

Generosity and Altruism

Credible commitment works, even in the absence of underlying trust between parties. If we could have such underlying trust, though, the problems of cooperation would often be much easier to resolve. How can we go about it?

One way in which we can gain trust is by showing altruism and generosity toward others without the expectation of reward. Generosity is often considered to be a subset of altruism. Most of us understand altruism to mean helping another at a cost to oneself, while generosity, in addition, implies “liberality in giving.” The famous Scottish music hall singer Harry Lauder was not in favor of either. He was once confronted by a charity collector in an Edinburgh street with the peremptory demand to “give till it hurts.” “Madam,” he is said to have replied, with tears in his eyes, “the verra idea hurts.”

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