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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 …
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display no difference in rationality from population averages and there is evidence of altruism among participants. We provide …
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Within a general equilibrium model, this paper identifies a novel animal welfare externality that occurs if the private animal friendliness in a market economy falls short of the social animal friendliness used by the social planner when determining the efficient allocation. The animal welfare...
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and effort choices, in these three jobs, to preferences for altruism and morality that are structurally estimated. The … predictions are tested in pre-registered experiments. We also estimate proxies for altruism/morality from the dictator … corrupt public sector job. The effects of altruism on occupational choice are subtle, but altruism positively influences the …
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