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Can We Infer Social Preferences from the Lab? Evidence from the Trust Game

Baran, Nicole M. - 2010

We show that a measure of reciprocity derived from the Berg et al. (1995) trust game in a laboratory setting predicts the reciprocal behavior of the same subjects in a real-world situation. By using the Crowne and Marlowe (1960) social desirability scale, we do not find any evidence that a...

Persistent link: https://www.econbiz.de/10013148862

International Environmental Agreements Among Heterogeneous Countries with Social Preferences

Kolstad, Charles D. - 2014

Achieving efficiency for many global environmental problems requires voluntary cooperation among sovereign countries due to the public good nature of pollution abatement. The theory of international environmental agreements (IEAs) in economics seeks to understand how cooperation among countries...

Persistent link: https://www.econbiz.de/10013052684

Social Interactions in Pandemics : Fear, Altruism, and Reciprocity

Alfaro, Laura - 2020

In SIR models, infection rates are typically exogenous, whereas individuals adjust their behavior in reality. City-level data across the globe suggest that mobility falls in response to fear, proxied by Google searches. Incorporating experimentally validated measures of social preferences at the...

Persistent link: https://www.econbiz.de/10012834459

The Social Value of Financial Expertise

Kurlat, Pablo D. - 2016

I study expertise acquisition in a model of trading under asymmetric information. I propose and implement a method to estimate the ratio of social to private marginal value of expertise. This can be decomposed into three sufficient statistics: traders' average profits, the fraction of bad assets...

Persistent link: https://www.econbiz.de/10012997881

Toward an Efficiency Rationale for the Public Provision of Private Goods

Fang, Hanming - 2008

This paper shows that public provision of private goods may be justified on pure efficiency grounds in an environment where individuals consume both public and private goods. The government's involvement in the provision of private goods provides it with information about individuals' private...

Persistent link: https://www.econbiz.de/10012772722

Contracting for Government Services : Theory and Evidence from U.S. Cities

Levin, Jonathan - 2010

Local governments can provide services with their own employees or by contracting with private or public sector providers. We develop a model of this quot;make-or-buyquot; choice that highlights the trade-off between productive efficiency and the costs of contract administration. We construct a...

Persistent link: https://www.econbiz.de/10012759893

Bargaining Around the Hearth

Pollak, Robert A. - 2007

In quot;Unpacking the Household: Informal Property Rights Around the Hearthquot; (Yale Law Journal, 2006) Robert Ellickson argues that as long as members of a household expect their relationship to continue, norms, rather than law, will determine allocations among them. More specifically,...

Persistent link: https://www.econbiz.de/10012776853

The Power of Asking : How Communication Affects Selfishness, Empathy, and Altruism

Andreoni, James - 2010

To understand the "pure" incentives of altruism, economic laboratory research on humans almost always forbids … communication between subjects. In reality, however, altruism usually requires interaction between givers and receivers, which … altruism are built on human sociality. We experimentally examine communication in which one subject allocates $10 between …

Persistent link: https://www.econbiz.de/10013138083

Anger and Regulation

Di Tella, Rafael - 2010

concern for other people's welfare (altruism) in the process of making high profits. Even with few truly altruistic firms, an …

Persistent link: https://www.econbiz.de/10013151652

Two-Sided Altruism and Signaling

Génicot, Garance - 2015

This paper shows that when donors and recipients care about each other --two-sided altruism -- the presence of … information regarding the donor's income generates a signaling game in the presence of two-sided altruism. These signaling games … put upward pressure on transfers and this pressure increases with the altruism of the recipient …

Persistent link: https://www.econbiz.de/10013020200