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This paper develops a theory of revealed preferences over one.s own and others.monetary payoffs. We introduce .more altruistic than.(MAT), a partial ordering over preferences, and interpret it with known parametric models. We also introduce and illustrate .more generous than. (MGT), a partial...
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This paper develops a nonparametric theory of preferences over one's own and others' monetary payoffs. We introduce more altruistic than (MAT), a partial ordering over preferences, and interpret it with known parametric models. We also introduce and illustrate more generous than (MGT),a partial...
Persistent link: https://www.econbiz.de/10012730362
Abstract. This paper develops a theory of revealed preferences over one's own and others' monetary payoffs. We introduce "more altruistic than" (MAT), a partial ordering over preferences, and interpret it with known parametric models. We also introduce and illustrate "more generous than" (MGT),...
Persistent link: https://www.econbiz.de/10014213935
We run a staged field experiment during three concerts in the South of Italy, characterized by the same traditional music and a comparable average level of alcohol consumption by attendees. Individual blood alcohol concentration (BAC) is measured with electronic breathalyzers. The experimental...
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Is mutually beneficial cooperation in trust games more prevalent with private property or common property? Does the strength of property right entitlement affect the answer? Cox, Ostrom, Walker, et al. [1] report little difference between cooperation in private and common property trust games....
Persistent link: https://www.econbiz.de/10009752448