Reciprocity as an individual difference
AbstractThere is accumulating evidence that decision makers are sensitive to the distribution of resources among themselves and others, beyond what is expected from the predictions of narrow self-interest. These social preferences are typically conceptualized as being static and existing independently of information about the other people influenced by a DM’s allocation choices. In this paper we consider the reactivity of a decision makers’s social preferences in response to information about the intentions or past behavior of the person to be affected by the decision maker’s allocation choices (i.e., how do social preferences change in relation to the other’s type). This paper offers a conceptual framework for characterizing the link between distributive preferences and reciprocity, and reports on experiments in which these two constructs are disentangled and the relation between the two is characterized.
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Bibliographic InfoPaper provided by Faculty of Social and Economic Sciences, Karl-Franzens-University Graz in its series Working Paper Series, Social and Economic Sciences with number 2013-05.
Length: 21 pages
Date of creation: 06 Aug 2013
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-08-16 (All new papers)
- NEP-CBE-2013-08-16 (Cognitive & Behavioural Economics)
- NEP-CDM-2013-08-16 (Collective Decision-Making)
- NEP-EVO-2013-08-16 (Evolutionary Economics)
- NEP-EXP-2013-08-16 (Experimental Economics)
- NEP-HPE-2013-08-16 (History & Philosophy of Economics)
- NEP-NEU-2013-08-16 (Neuroeconomics)
- NEP-SPO-2013-08-16 (Sports & Economics)
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- Jürgen Fleiß & Stefan Palan, 2013.
"Of Coordinators and Dictators: A Public Goods Experiment,"
MDPI, Open Access Journal, vol. 4(4), pages 584-607, October.
- Jürgen Fleiß & Stefan Palan, 2012. "Of Coordinators and Dictators: A Public Goods Experiment," Working Paper Series, Social and Economic Sciences 2012-03, Faculty of Social and Economic Sciences, Karl-Franzens-University Graz.
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