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Other-regarding behaviour: Testing guilt- and reciprocity-based models

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  • Tobias Regner

    ()
    (Max Planck Institute of Economics, Strategic Interaction Group, Jena)

  • Nicole S. Harth

    (International Graduate College, Friedrich Schiller University, Jena)

Abstract

We analyse two types of belief-dependant models of social preferences: guilt aversion and reciprocity. In particular, we test the relevance of their input variables (second-order beliefs and general dispositions for guilt/reciprocity). The data confirm the predictions of belief-dependant models. Both second-order beliefs and a participant's sensitivity to guilt/reciprocity are relevant for the decisions taken. Second-order beliefs appear to have an inverse U-shaped effect on the extent of kind behaviour.

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File URL: http://pubdb.wiwi.uni-jena.de/pdf/wp_2010_072.pdf
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Bibliographic Info

Paper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2010-072.

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Date of creation: 2010
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Handle: RePEc:jrp:jrpwrp:2010-072

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Keywords: social preferences; other-regarding behaviour; belief-dependent models; experiments; trust game; guilt aversion; beliefs; psychological game theory; emotions; reciprocity;

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