An institutionalist perception of cooperative behavior

While there is incontrovertible evidence that agents are imbued with cooperative values, considerable ambivalence exists about the rationale for cooperation. Some analysts contend that cooperative behavior is well within the realm of the Benthamite quest for utility maximization, but others perceive cooperation as driven by complex socio-cultural and psychological phenomena. In this paper, we propose an evolutionary-based explanatory framework that uses both insights to explain how cooperative behaviors are formed, as well as how they might change over time. On the basis of evidence from a traditional African society, we show how tension between utility maximization and cultural norms could shape cooperative behaviors in ways that are not easily deciphered by standard economic theory. [Copyright &y& Elsevier]