Moral Emotions and Partnership
AbstractActual behaviour is influenced in important ways by moral emotions, for instance guilt or shame (see, among others, Tangney et al., 2007). Belief-dependant models of social preferences using the framework of psychological games aim to consider such emotions to explain other-regarding behaviour. Our experimental study links recent advances in psychological theory on moral emotions to belief-dependant models in economics. We find that - in addition to second-order beliefs and promises - individuals' disposition to guilt (their proneness to respond in an evaluative way to personal transgressions) is an important determinant of pro-social behaviour.
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Bibliographic InfoPaper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2011-028.
Date of creation: 28 Jun 2011
Date of revision:
social preferences; other-regarding behaviour; experiments; psychological game theory; guilt aversion; guilt from blame; shame; beliefs; emotions; partnership; moral hazard; principal agent;
Find related papers by JEL classification:
- C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D03 - Microeconomics - - General - - - Behavioral Economics; Underlying Principles
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-07-13 (All new papers)
- NEP-CBE-2011-07-13 (Cognitive & Behavioural Economics)
- NEP-EVO-2011-07-13 (Evolutionary Economics)
- NEP-EXP-2011-07-13 (Experimental Economics)
- NEP-HPE-2011-07-13 (History & Philosophy of Economics)
- NEP-NEU-2011-07-13 (Neuroeconomics)
- NEP-SOC-2011-07-13 (Social Norms & Social Capital)
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