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We investigate the presence and stability of dynamically inconsistent time preferences across contexts with and without interpersonal trade-offs. In a longitudinal experiment subjects make a series of intertemporal allocation decisions of real-effort tasks between themselves and another person....
Persistent link: https://www.econbiz.de/10012232130
In the dictator game, the recipient's opportunity to send a message to the dictator increases giving. This paperreports two experimentswhich study how the timing of messages affects dictators' decisions (experiment 1) and which value recipients attach to communication opportunities (experiment...
Persistent link: https://www.econbiz.de/10011671666
In a variety of individual decision contexts, people have been shown to exhibit presentbiased time preferences. Little is known, however, about discounting when there are trade-offs between own and others' consumption. In this paper, we provide a systematic analysis of present bias in individual...
Persistent link: https://www.econbiz.de/10011819425
We analyze the offering, asking, and granting of help or other benefits as a three-stage game with bilateral private information between a person in need of help and a potential help-giver. Asking entails the risk of rejection, which can be painful: since unawareness of the need can no longer be...
Persistent link: https://www.econbiz.de/10013382050
framing on altruism. The main methodological result is that the dictators' prosocial behaviour is sensitive to the loss frame …
Persistent link: https://www.econbiz.de/10014433309
framing on altruism. The main methodological result is that the dictators' prosocial behaviour is sensitive to the loss frame …
Persistent link: https://www.econbiz.de/10013484987
rationality. The I account implies that the preference relation satisfies in- dependence of circumstances, whereas the IB account …. Finally, when examining game-theoretical implications of Epictetusian rationality, we show that the two accounts of Epictetus …
Persistent link: https://www.econbiz.de/10013455831
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10011398368
each other’s payoff. A positive, negative or zero weight represents altruism, spite or complete selfishness, respectively …) payoff can only increase or remain unchanged with an increasing degree of altruism. -- altruism ; spite ; comparative statics …
Persistent link: https://www.econbiz.de/10003781390
I suppose that people react with anger when others show themselves not to be minimally altruistic. With heterogeneous agents, this can account for the experimental results of ultimatum and dictator games. Moreover, it can account for the surprisingly large fraction of individuals who offer an...
Persistent link: https://www.econbiz.de/10003347278