Search Results - subject:"other–regarding preferences"

Group Identity and Relation-Specific Investment: An Experimental Investigation

Morita, Hodaka; Servátka, Maroš - Department of Economics and Finance, College of … - 2011

The hold-up problem has played a central role in the study of firm boundaries that originated with the pathbreaking essay by Coase (1937). This paper studies a previously unexplored mechanism through which integration could resolve the hold-up problem. Based on Tajfel and Turner’s (1979)...

Persistent link: https://www.econbiz.de/10008800744

On inequity aversion: A reply to Binmore and Shaked

Fehr, Ernst; Schmidt, Klaus M. - In: Journal of Economic Behavior & Organization 73 (2010) 1, pp. 101-108

In this paper we reply to Binmore and Shaked's criticism of the Fehr-Schmidt model of inequity aversion. We put the theory and their arguments into perspective and show that their criticism is not substantiated. Finally, we briefly comment on the main challenges for future research on social...

Persistent link: https://www.econbiz.de/10008520986

Redistributive policies with heterogeneous social preferences of voters

Dhami, Sanjit; al-Nowaihi, Ali - In: European Economic Review 54 (2010) 6, pp. 743-759

There is growing evidence on the roles of fairness and other-regarding preferences as fundamental human motives. Call …

Persistent link: https://www.econbiz.de/10008864987

Who should be called to the lab? A comprehensive comparison of students and non-students in classic experimental games

Belot, Michèle; Duch, Raymond; Miller, Luis - Economics Group, Nuffield College, Department of Economics - 2010

students are more likely to behave as homo-economicus agents than non-students in games involving other-regarding preferences … ability and risk preferences. In games that do not engage other-regarding preferences (Beauty-contest and Second-price Auction … highly consistent in their other-regarding preferences while non-student subjects are inconsistent across other …

Persistent link: https://www.econbiz.de/10008738810

‘Give me a chance!’ An experiment in social decision under risk

Krawczyk, Michal; Lec, Fabrice Le - In: Experimental Economics 13 (2010) 4, pp. 500-511

Persistent link: https://www.econbiz.de/10008776459

Modeling Social Preferences: A Generalized Model of Inequity Aversion

Khan, Hayat - Volkswirtschaftliche Fakultät, … - 2009

), that can be used to judge any model of other regarding preferences. It is argued that for a mathematical model to qualify …

Persistent link: https://www.econbiz.de/10005108450

Testing theories of behavior for extensive-form two-player two-stage games

Stahl, Dale; Haruvy, Ernan - In: Experimental Economics 12 (2009) 2, pp. 242-251

Persistent link: https://www.econbiz.de/10004999645

Generous actors, selfish actions: markets with other-regarding preferences

Sobel, Joel - In: International Review of Economics 56 (2009) 1, pp. 3-16

Persistent link: https://www.econbiz.de/10005598535

Inequality and size of the government when voters have other regarding preferences

Dhami, Sanjit; al-Nowaihi, Ali - Department of Economics, Leicester University - 2008

-payoffs. A growing empirical literature highlights the importance of other regarding preferences (ORP) in voting over … Paper No. 08/23 July 2008 Inequality and size of the government when voters have other regarding preferences Sanjit … inequality and redistribution. 1.3. Other regarding preferences (ORP) and voting over redistribution Despite the standard …

Persistent link: https://www.econbiz.de/10005230660

Towards an Understanding of the Endogenous Nature of Identity in Games

Smith, John; Bezrukova, Katerina - Department of Economics, Rutgers University-New Brunswick - 2008

We test the assumption that preferences are unchanged throughout a strategic game in the absence of feedback. To do so, we study the relationship between the strategic nature of a game and players' identification in social groups. We present evidence that the strategic nature of the game affects...

Persistent link: https://www.econbiz.de/10008541012