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We compare social preference and social norm based explanations for peer effects in a three-person gift-exchange game experiment. In the experiment a principal pays a wage to each of two agents, who then make effort choices sequentially. In our baseline treatment we observe that the second...
Persistent link: https://www.econbiz.de/10009535546
A consensus seems to be emerging in economics that at least three motives are at work in many strategic decisions: distributive preferences, reciprocal preferences and self-interest. An important obstacle to this research, however, has been moral biases, i.e., the distortions created by...
Persistent link: https://www.econbiz.de/10012730264
Other-oriented tendencies like Compassion have been shown to be an important factor for pro-social behavior. For instance, recent research has shown that compassionate feelings for the suffering environment promote the conservation of nature. We extend this notion and relate compassion for...
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In this paper, we analyze the role of ethics and self-interest in Buchanan's explanation for pro-social behaviors. Our … main argument is that, to Buchanan, ethics matters and is even necessary to explain pro-social behaviors — narrowly self …-interested individuals do not behave pro-socially. We show how Buchanan became progressively convinced by the importance of ethics. We also …
Persistent link: https://www.econbiz.de/10013002430
The literature on moral licensing usually considers two sequential moral decisions such as lying and donating which involve no real effort. We complement this literature by substituting the second stage with a real-effort task. Subjects first decide whether to take money designated for charity...
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