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We provide a framework to decompose preferences into a notion of distributive justice and a selfishness part and to recover individual notions of distributive justice from data collected in appropriately designed experiments. “Dictator games” with varying transfer rates used in Andreoni and...
Persistent link: https://www.econbiz.de/10010192945
We provide a framework to decompose preferences into a notion of distributive justice and a selfishness part and to recover individual notions of distributive justice from data collected in appropriately designed experiments. "Dictator games" with varying transfer rates used in Andreoni and...
Persistent link: https://www.econbiz.de/10010884470
Warm-glow refers to other-serving behavior that is valuable for the actor per se, apart from its social implications. We provide axiomatic foundations for warm-glow by viewing it as a form of preference for larger choice sets, in the sense of the literature on freedom of choice. Specically, an...
Persistent link: https://www.econbiz.de/10010535509
Warm-glow refers to other-serving behavior that is valuable for the actor per se, apart from its social implications. We provide axiomatic foundations for warm-glow by viewing it as a form of preference for larger choice sets driven by one's desire for freedom to act selfishly. Specifically, an...
Persistent link: https://www.econbiz.de/10010832969
Is it possible to be altruistic in the face of altruism? With a naive definition of altruism, the answer is no. If an …, then the answer is yes. However, altruism in the face of malice is impossible. One of our findings is that if two consumers …
Persistent link: https://www.econbiz.de/10005838961
We study the joint role of altruism and impatience, and the impact of evolution in the formation of long-term time … relate to altruism and to impatience and we reason that long-lived dynasties will be characterized by a higher degree of … altruism and a lower degree of impatience than short-lived dynasties. …
Persistent link: https://www.econbiz.de/10005764186
We examine the role of altruism in determining optimal transfers from a principal (a mother) to selfish agents (her … exchange motive for transfers in the symmetric informational regime we study. However, both altruism and exchange are important … motives under asymmetric information. We show that altruism facilitates transfer-attention exchange arrangements with certain …
Persistent link: https://www.econbiz.de/10005622241
-based representation in the usual exponential form corresponds to one-period "altruism" towards one's future selves: the current self gives …) and Laibson (1997) correspond to quasi-exponential altruism towards one's future selves. For ß=1/2, the welfare weights …
Persistent link: https://www.econbiz.de/10005645410
Is discounting of future instantaneous utilities consistent with altruism towards future selves? More precisely, can … Pollak (1968) and Laibson (1997) correspond to quasi-exponential altruism towards one's future selves. For ß=1/2, these …
Persistent link: https://www.econbiz.de/10005645443
We report the results of a combination of a dictator experiment with either a "social planner" or a "veil of ignorance" experiment. The experimental design and the analysis of the data are based on the theoretical framework proposed in the companion paper by Becker, Häger, and Heufer (BHH,...
Persistent link: https://www.econbiz.de/10010700372