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We extend the literature structurally estimating social preferences by accounting for the desire to adhere to social norms. Our representative agent is strongly motivated by norms and failing to account for this causes us to overestimate how much agents care about helping those who are worse...
Persistent link: https://www.econbiz.de/10013412658
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/10012886952
The empirical evidence on the existence of social preferences - or lack thereof - is predominantly based on student samples. Yet, knowledge about whether these findings can be extended to the general population is still scarce. In this paper, we compare the distribution of social preferences in...
Persistent link: https://www.econbiz.de/10014496241
Economic preferences - like time, risk and social preferences - have been shown to be very influential for real-life outcomes, such as educational achievements, labor market outcomes, or health status. We contribute to the recent literature that has examined how and when economic preferences are...
Persistent link: https://www.econbiz.de/10011798209
market success. We present a holistic view of how economic preferences are related within families. In an experiment with 544 …
Persistent link: https://www.econbiz.de/10012245060
-person gift-exchange experiment we find causal evidence for peer effects in voluntary cooperation: agents' efforts are positively …
Persistent link: https://www.econbiz.de/10009529506
We measure a specific form of other-regarding behavior, costly cooperation with an anonymous other, among 645 subjects at a trucker training program in the Midwestern US. Using subjects' second-mover strategy in a sequential form of the Prisoners' Dilemma, we categorize subjects as: Free Rider,...
Persistent link: https://www.econbiz.de/10011453418
behavior over time and across situations. We tackle this task with an experiment and a structural model of preferences that …
Persistent link: https://www.econbiz.de/10011912822
elections trying to attract voters. In a laboratory experiment using exchange games, in which the trustor can choose the trustee …
Persistent link: https://www.econbiz.de/10011493873
A key solution for public good provision is the voluntary formation of institutions that commit players to cooperate. Such institutions generate inequality if some players decide not to participate but cannot be excluded from cooperation benefits. Prior research with small groups emphasizes the...
Persistent link: https://www.econbiz.de/10014366664