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  • In this note we shall discuss a concept that - despite its prominence in both Hume (1739) and Smith (1759), its obvious relevance for social behavior, and its not so infrequent use in colloquial language - has never gained a foothold in economic theory: the concept of empathy. Specifically, we illustrate how some insights from the psychological literature on empathy can be incorporated into a standard utility framework, and demonstrate the potential interaction of beliefs and utility through the channel of empathy. (author's abstract) (xsd:string)
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  • 2014 (xsd:gyear)
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  • 2014 (xsd:gyear)
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  • en (xsd:string)
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  • A note on empathy in games (xsd:string)
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  • Arbeitspapier (xsd:string)
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  • GESIS-SSOAR (xsd:string)
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  • SP II 2014-301 (xsd:string)