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There is vast heterogeneity in the human willingness to weigh others' interests in decision making. This heterogeneity concerns the motivational intricacies as well as the strength of other-regarding behaviors, and raises the question how one can parsimoniously model and characterize...
Persistent link: https://www.econbiz.de/10012910745
We use a sequential prisoner's dilemma game to measure the other-regarding behavior in samples from three related populations in the upper Midwest of the United States: 100 college students, 94 non-student adults from the community surrounding the college and 1,069 adult trainee truckers in a...
Persistent link: https://www.econbiz.de/10013134817
A substantial body of research suggests that economists are less generous than other professionals and that economics students are less generous than other students. We address this question using administrative data on donations to social programs by students at the University of Washington....
Persistent link: https://www.econbiz.de/10013153174
What determines people's moral judgments of selfish behaviors? Here we study whether people's normative views in trust and gift exchange games, which underlie many situations of economic and social significance, are themselves functions of positive emotions. We used experimental survey methods...
Persistent link: https://www.econbiz.de/10013078831
When policymakers and private agents use models, the economists who design the model have an incentive to alter it in order to influence outcomes in a fashion consistent with their own preferences. I discuss some consequences of the existence of such ideological bias. In particular, I analyze...
Persistent link: https://www.econbiz.de/10013088344
We present and test a theory of prospective and retrospective pocketbook voting. Focusing on two large reforms in …
Persistent link: https://www.econbiz.de/10013324907
Standard consumption utility is linked in time to a consumption event, whereas the timing of prosocial utility flows is ambiguous. Prosocial utility may depend on the actual utility consequences for others – it is consequence-dated – or it may be related to the act of giving and is thus...
Persistent link: https://www.econbiz.de/10013250248
's common restrictions on the curvature of the decision-makers utility function can dramatically bias the altruism parameter. We … show that this is particularly problematic when comparing altruism between groups with well-documented differences in risk …
Persistent link: https://www.econbiz.de/10012912251
We study the design of public long-term care (LTC) insurance when the altruism of informal caregivers is uncertain. We … while children's altruism is not. The traditional topping up and opting out policies are special cases of ours. Both total … and informal care should increase with the children's level of altruism. This obtains under full and asymmetric …
Persistent link: https://www.econbiz.de/10012915327
Redistribution is an inevitable feature of collective pension schemes and economic experiments have revealed that most people have a preference for redistribution that is not merely inspired by self-interest. Interestingly, little is known on how these preferences interact with preferences for...
Persistent link: https://www.econbiz.de/10013139713