Showing 1 - 10 of 46
are characterized by multifaceted social preferences, encompassing reciprocity, altruism, and inequality aversion …
Persistent link: https://www.econbiz.de/10012453519
We model visibility bias in the social transmission of consumption behavior. When consumption is more salient than non-consumption, people perceive that others are consuming heavily, and infer that future prospects are favorable. This increases aggregate consumption in a positive feedback loop....
Persistent link: https://www.econbiz.de/10012479520
crowd out a consumer's self-inference of altruism from buying a good bundled with a charitable donation. Alternative … theories of motivation crowding are unable to fit the non-monotonic moments in the data. A structural model of self …
Persistent link: https://www.econbiz.de/10012457193
Optimal policy rules--including those regarding income taxation, commodity taxation, public goods, and externalities--are typically derived in models with homogeneous preferences. This article reconsiders many central results for the case in which preferences for commodities, public goods, and...
Persistent link: https://www.econbiz.de/10012464477
Why cooperation occurs when noncooperation appears to be individually rational has been an issue in economics for at least a half century. In the 1960's and 1970's the context was cooperation in the prisoner's dilemma game; in the 1980's concern shifted to voluntary provision of public goods; in...
Persistent link: https://www.econbiz.de/10012461641
Achieving efficiency for many global environmental problems requires voluntary cooperation among sovereign countries due to the public good nature of pollution abatement. The theory of international environmental agreements (IEAs) in economics seeks to understand how cooperation among countries...
Persistent link: https://www.econbiz.de/10012458462
I consider the effect of caring, empathy, altruism or positive reciprocity towards others - which I collectively call … the public good converges to the efficient level. An increase in caring, empathy, altruism or positive reciprocity, an … efficiently is attributable to lack of empathy/altruism/positive reciprocity as well as to the free rider problem …
Persistent link: https://www.econbiz.de/10013191062
We study the effects of an unconditional cash transfer program on social preferences of children. The program allocated $1,076 to randomly selected households in rural Kenya. We measure the social preferences of 4,022 children from 1,687 households with survey questions and incentivized...
Persistent link: https://www.econbiz.de/10014372476
What impact do social preferences have in market-type settings where individuals can sort in response to relative prices? We show that sorting behavior can distinguish between individuals who like to share and those who share but prefer to avoid the sharing environment altogether. In four...
Persistent link: https://www.econbiz.de/10012466628
In many cultures and industries gifts are given in order to influence the recipient, often at the expense of a third party. Examples include business gifts of firms and lobbyists. In a series of experiments, we show that, even without incentive or informational effects, small gifts strongly...
Persistent link: https://www.econbiz.de/10012460117