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social science subjects > business and management > business ethics > theories of ethics > reciprocal altruism

Preferred term

reciprocal altruism  

Definition

  • Rooted in evolutionary biology and multi-iteration game theory, reciprocal altruism is a cooperative strategy in which someone chooses to perform an act that incurs an immediate net personal cost to benefit another individual in the hope of reaping a future gain. In biological terms, it represents a willingness to forego one's own reproductive chances in favor of another's chances for the overall benefit of the group. [Source: Encyclopedia of Business Ethics and Society; Reciprocal Altruism]

Broader concept

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https://concepts.sagepub.com/social-science/concept/reciprocal_altruism

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