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Sigit Triandaru

First Name: Sigit
Surname: Triandaru
Department Dept of Economics
Supervisor(s): Dr. Pundarik Mukhopadhaya , Dr. Edwin Franks

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Paper Title

Altruism, Social Interaction, Culture, and Social Capital

Purpose

This paper explains the relationships among altruism, social interaction, culture, and social capital.

Originality

Developing a model to formulate precise relationships among these variables will significantly provide a more thorough understanding about how multidimensional well-being is shaped.

Key literature/theoretical perspective

Two key papers:

  1. Kitcher, P., 2010. Varieties of altruism. Econ. Philos. 26, 121–148.
  2. Triandaru, S., Mukhopadhaya, P., Frank, E., 2012. Altruism and transfer behaviour. Paper presented at the Warsaw International Economic Meeting 2012.

Design/methodology/approach

The model is based on a utility function which can include a choice between using resources for own consumption and for others.

Findings

The theoretical models developed here show that, through social interaction, cultural process creates higher average level of psychological altruism and also a more uniform level of psychological altruism of a society. Moreover, social capital can be defined and measured as the average level of psychological altruism of a society.

Research limitations/implications

In researching the role of altruism in well-being, one more important variable, institution, has not been included in this model.

Practical and Social implications

This precise definition for social capital is important to prevent it from being variably translated into many indicators or variables in research. This variability can undermine both the ability to compare one research to another as well as the accuracy of the results.

Keywords

altruism, social interaction, culture, social capital.