). We conduct a laboratory experiment in which subjects make decision on behalf of themselves and others in eighteen tasks …We examine whether biases identified in the behavioral-economics literature apply in decision-making for others (DMfO … aversion, decoy effect, anchoring bias, endowment effect, and identifiable-victim bias. In our experiment, DMfO is DMfO …

In prosocial decisions, decision-makers are inherently uncertain about how their decisions impact others’ utility – we …

We propose and axiomatize a decision model of social preferences under risk that captures motivated reasoning in social … assessments. Our model considers a setup with a decision maker (DM) and one other individual. It highlights how the presence of …