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Giving it now or later: Altruism and discounting

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  • Kovarik, Jaromir

Abstract

Postponing payments in the Dictator game, subjects allocate future payments between themselves and others. Since both payoffs of Dictators and Receivers are delayed equally, standard intertemporal utility maximization predicts no effect. Nevertheless, we observe negative effect of time on altruism.

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Bibliographic Info

Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 102 (2009)
Issue (Month): 3 (March)
Pages: 152-154

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Handle: RePEc:eee:ecolet:v:102:y:2009:i:3:p:152-154

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Web page: http://www.elsevier.com/locate/ecolet

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Keywords: Altruism Discounting Dictator game Intertemporal choice;

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  1. Eckel, Catherine C. & Grossman, Philip J., 1996. "Altruism in Anonymous Dictator Games," Games and Economic Behavior, Elsevier, vol. 16(2), pages 181-191, October.
  2. Kreps, David M. & Milgrom, Paul & Roberts, John & Wilson, Robert, 1982. "Rational cooperation in the finitely repeated prisoners' dilemma," Journal of Economic Theory, Elsevier, vol. 27(2), pages 245-252, August.
  3. Laibson, David, 1997. "Golden Eggs and Hyperbolic Discounting," The Quarterly Journal of Economics, MIT Press, vol. 112(2), pages 443-77, May.
  4. Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680, September.
  5. Hoffman Elizabeth & McCabe Kevin & Shachat Keith & Smith Vernon, 1994. "Preferences, Property Rights, and Anonymity in Bargaining Games," Games and Economic Behavior, Elsevier, vol. 7(3), pages 346-380, November.
  6. Eckel, Catherine C & Grossman, Philip J, 1998. "Are Women Less Selfish Than Men? Evidence from Dictator Experiments," Economic Journal, Royal Economic Society, vol. 108(448), pages 726-35, May.
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Cited by:
  1. Tonin, Mirco & Vlassopoulos, Michael, 2013. "Experimental evidence of self-image concerns as motivation for giving," Journal of Economic Behavior & Organization, Elsevier, vol. 90(C), pages 19-27.
  2. Takanori Ida & Kazuhito Ogawa, 2010. "Inequality aversion, social discount, and time discount rates," Discussion papers e-10-013, Graduate School of Economics Project Center, Kyoto University.

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