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Revealed notions of distributive justice I : theory

Becker, Nicole; Häger, Kirsten; Heufer, Jan - 2013

We provide a framework to decompose preferences into a notion of distributive justice and a selfishness part and to recover individual notions of distributive justice from data collected in appropriately designed experiments. “Dictator games” with varying transfer rates used in Andreoni and...

Persistent link: https://www.econbiz.de/10010192945

Revealed notions of distributive justice I : theory

Becker, Nicole; Häger, Kirsten; Heufer, Jan - 2013

We provide a framework to decompose preferences into a notion of distributive justice and a selfishness part and to recover individual notions of distributive justice from data collected in appropriately designed experiments. "Dictator games" with varying transfer rates used in Andreoni and...

Persistent link: https://www.econbiz.de/10010370991

Uncertainty under hyperbolic discounting : the cost of untying your hands

Alcocer, Christian Diego; Ortegón, Julián; Roa, Alejandro - In: Journal of economics, finance & administrative science 24 (2019) 48, pp. 176-193

contribute to our understanding of these issues by postulating a model of income uncertainty within a hyperbolic discounting …/value In traditional exponential discounting, the marginal rate of substitution of consumption between two points depends only …, hyperbolic discounting better fits the data. The authors model choice under uncertainty and focus on the costs caused when …

Persistent link: https://www.econbiz.de/10012128806

Behavioral characterizations of naivete for time-inconsistent preferences

Ahn, David S.; Iijima, Ryota; Le Yaouanq, Yves; Sarver, Todd - 2018 - Current draft: November 21, 2018

We propose nonparametric definitions of absolute and comparative naivete. These definitions leverage ex-ante choice of menu to identify predictions of future behavior and ex-post (random) choices from menus to identify actual behavior. The main advantage of our definitions is their independence...

Persistent link: https://www.econbiz.de/10011933088

Behavioural characterizations of naivete for time-inconsistent preferences

Ahn, David S.; Iijima, Ryota; Le Yaouanq, Yves; Sarver, Todd - In: The review of economic studies : RES 86 (2019) 6, pp. 2319-2355

Persistent link: https://www.econbiz.de/10012118935

Repeated games with general discounting

Obara, Ichiro; Park, Jaeok - In: Journal of economic theory 172 (2017), pp. 348-375

Persistent link: https://www.econbiz.de/10011777065

Time consistent equilibria in dynamic models with recursive payoffs and behavioral discounting

Balbus, Lukasz; Reffett, Kevin L.; Woźny, Łukasz - 2020

Persistent link: https://www.econbiz.de/10012316074

Patience predicts cooperative synergy : the roles of ingroup bias and reciprocity

Espín, Antonio M.; Correa, Manuel; Ruiz-Villaverde, Alberto - In: Journal of behavioral and experimental economics 83 (2019)

Persistent link: https://www.econbiz.de/10012242169

Delay aversion

Benoît, Jean-Pierre; Ok, Efe A. - In: Theoretical economics : TE ; an open access journal in … 2 (2007) 1, pp. 71-113

We address the following question: When can one person properly be said to be more delay averse than another? In reply, several (nested) comparison methods are developed. These methods yield a theory of delay aversion which parallels that of risk aversion. The applied strength of this theory is...

Persistent link: https://www.econbiz.de/10011702602

Doing it Now, Later, or Never

Cingiz, Kutay - 2015

We study centipede games played by an infinite sequence of players. Following the literature on time-inconsistent preferences, we distinguish two types of decision makers, naive and sophisticated, and the corresponding solution concepts, naïve ϵ-equilibrium and sophisticated ϵ-equilibrium. We...

Persistent link: https://www.econbiz.de/10013019269