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Persistent link: https://www.econbiz.de/10013465515
We challenge a commonly used assumption in the literature on social preferences and show that this assumption leads to significantly biased estimates of the social preference parameter. Using Monte Carlo simulations, we demonstrate that the literature's common restrictions on the curvature of...
Persistent link: https://www.econbiz.de/10012912251
We apply the basic lessons and insights learned in the elicitation and estimation of risk and time preferences literature to the literature on social preferences. Following Andersen et al. (2008), we design a laboratory experiment to jointly elicit risk preferences and preferences for altruism....
Persistent link: https://www.econbiz.de/10014358214
We design an experiment to ask whether morally-motivated behavior, e.g., charitable giving, is history-dependent. Using a popular policy nudge, the default option, we exogenously vary altruism “now” and show that giving “now” causes a 66%- 200% increase in the probability of giving...
Persistent link: https://www.econbiz.de/10013297290
We estimate the effect of an increase in time cost on the return behavior of blood donors. Using data from the Australia Red Cross Blood Service, we ask what happens when pro-social behavior becomes more costly. Exploiting a natural variation in which donor wait times are random, we use the...
Persistent link: https://www.econbiz.de/10013046242
We apply the basic lessons and insights learned in the elicitation and estimation of risk and time preferences literature to the literature on social preferences. Following Andersen et al. (2008), we design a laboratory experiment to jointly elicit risk preferences and preferences for altruism....
Persistent link: https://www.econbiz.de/10014243683
In many contexts people can choose how many charities to help. This paper presents results from a laboratory experiment that varies whether the subjects have a choice in the number of charities to donate to and whether they are given an option to opt out. We find that the choice increases...
Persistent link: https://www.econbiz.de/10014030512
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