Showing 1 - 10 of 214
We provide novel evidence on the linkages between capital taxation and charitable giving on three fronts. First, we use quasi-experimental variation in the annual Norwegian wealth tax to study the effect on how much households give. Inconsistent with the notion that households give more in order...
Persistent link: https://www.econbiz.de/10013291832
cross-dynastic intergenerational altruism, saving for one’s descendants benefits present members of other dynasties. These …
Persistent link: https://www.econbiz.de/10013296272
so. We find a quarter of students violated the order. Yet, neither risk preference, altruism, nor preexisting health …
Persistent link: https://www.econbiz.de/10012834356
jointly elicit risk preferences and preferences for altruism. Consistent with theory, we find that the standard simplifying … assumptions about risk preferences lead to significantly biased estimates of altruism. This is particularly problematic when … comparing altruism across relevant sub-groups, such as gender and wealth, leading to possibly erroneous conclusions about which …
Persistent link: https://www.econbiz.de/10014243683
Individuals often hold erroneous beliefs about their socio-economic status relative to others. We develop a new machine learning technique to measure these misperceptions and use large-scale international survey data to compute status misperception for 241,757 households from 97 countries (24...
Persistent link: https://www.econbiz.de/10013322781
Increasing inequality and associated egalitarian sentiments have again put redistribution on the political agenda. Other-regarding preferences may also affect support for redistribution, but knowledge about their distribution in the broader population and how they are associated with political...
Persistent link: https://www.econbiz.de/10013306855
a strong decrease in spitefulness with increasing age. Egalitarianism becomes less frequent, and altruism much more …
Persistent link: https://www.econbiz.de/10010274872
We assess whether public sector employees have a stronger inclination to serve others and are more risk averse than employees in the private sector. A unique feature of our study is that we use revealed rather than stated preferences data. Respondents of a large-scale survey were offered a...
Persistent link: https://www.econbiz.de/10010283624
This paper examines preferences towards particular classes of lottery pairs. We show how concepts such as prudence and temperance can be fully characterized by a preference relation over these lotteries. If preferences are defined in an expected-utility framework with differentiable utility, the...
Persistent link: https://www.econbiz.de/10010271070
A key open question for theories of reference-dependent preferences is what determines the reference point. One candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment, we manipulate the rational expectations of subjects...
Persistent link: https://www.econbiz.de/10010264587