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Economists have been theorizing that other-regarding preferences influence decision making. Yet, what are the corresponding psychological mechanisms that inform these preferences in laboratory games? Empathy and Theory of Mind (ToM) are dispositions considered to be essential in social...
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emotional mechanisms have been proposed as a possible explanation. In particular, feelings of fairness, anger and envy are … driven by feelings of envy towards a third party. Results from two experiments suggest that responders experience feelings of … towards the proposer. Responders also experience dissatisfaction and envy when third party shares exceed their own shares …
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We introduce the give-or-destroy game that allows us to fully elicit an individual s social preference schedule. We find that about one third of the population exhibits both pro-social and anti-social preferences that are independent of payoff comparisons with those who are affected. We call...
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observed to act in isolation from each other. In this paper we use a large-scale dictator game experiment (N = 850) to show …
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