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We extend the literature structurally estimating social preferences by accounting for the desire to adhere to social norms. Our representative agent is strongly motivated by norms and failing to account for this causes us to overestimate how much agents care about helping those who are worse...
Persistent link: https://www.econbiz.de/10013412658
The influence of misinformation on the political decision-making process became a major concern in the United States after the 2016 Presidential election. We study the impact of "fake news" in the 2020 election cycle by conducting an online experiment the day before the "Super Tuesday" primary...
Persistent link: https://www.econbiz.de/10014492238
Measuring the social preferences of economic agents using experiments has become common place. This process, while incentive compatible, is costly and time consuming, making it infeasible in many settings. We combine standard altruism and warm glow choice experiments with a battery of candidate...
Persistent link: https://www.econbiz.de/10014286994
Given the substantial amount of resources currently invested in microcredit programs, it is more important than ever to accurately assess the extent to which peer monitoring by borrowers faced with group liability contracts actually reduces moral hazard. We conduct a field experiment with women...
Persistent link: https://www.econbiz.de/10008465690
We provide a reason for the wider economics profession to take social preferences, a concern for the outcomes achieved by other reference agents, seriously. Although we show that student measures of social preference elicited in an experiment have little external validity when compared to...
Persistent link: https://www.econbiz.de/10005761899
Volunteering plays a prominent role in the charitable provision of goods and services, yet we know relatively little about why people engage in such prosocial acts. The list of possible motivations is long, but recent research has focused on altruism, reputational concerns, and material...
Persistent link: https://www.econbiz.de/10005762134
Auctions are a popular way to raise money for charities, but relatively little is known, either theoretically or empirically, about the properties of charity auctions. The small theoretical literature suggests that the all-pay auction should garner more money than winner-pay auctions. We conduct...
Persistent link: https://www.econbiz.de/10005762357