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Before a group can take a decision, its members must agree on a mechanism to aggregate individual preferences. In this … paper we present the results of an experiment on the influence of private payoff information and the role of the available …
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This paper investigates if and how other-regarding preferences governing giving decisions in dictator games are affected in risky environments in which the payoff of the recipient is random. We demonstrate that, whenever the risk is actuarially neutral, the donation of dictators with a purely ex...
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In prosocial decisions, decision-makers are inherently uncertain about how their decisions impact others’ utility – we …
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remedy for these shortcomings by developing a dynamical model of procedurally rational decision making. The basic idea of the … model is a feedback loop between experienced utility, decision utility, and activities. In applications of the model, I show …
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