Advanced Search
MyIDEAS: Login to save this paper or follow this series

Inequality aversion, social discount, and time discount rates

Contents:

Author Info

  • Takanori Ida
  • Kazuhito Ogawa

Abstract

Purpose - We conduct a hypothetical dictator game with social distance and time delays using conjoint analysis. Design / methodology / approach - Responses from 1,347 Japanese adults are collected through an online survey, and their responses are analyzed using a random parameter logit model. Findings - Social preference for the present income of a stranger equals social preference for the income of an acquaintance 140 days later, of a close friend 224 days later, and of a family member 255 days later. Originality / value- We simultaneously estimate social preference parameters including the inequality aversion rate, the social discount rate, and the time discount rate Headings - Inequality aversion, social discount, and time discount Keywords - dictator game, inequality aversion, social discounting, time discounting Paper type – Research paper

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.econ.kyoto-u.ac.jp/projectcenter/Paper/e-10-013.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Graduate School of Economics Project Center, Kyoto University in its series Discussion papers with number e-10-013.

as in new window
Length: 29 pages
Date of creation: Dec 2010
Date of revision:
Handle: RePEc:kue:dpaper:e-10-013

Contact details of provider:
Postal: Yoshida-Honmachi, Sakyo-ku, Kyoto 606-8501
Phone: (075)753-3400
Fax: (075)753-3492
Email:
Web page: http://www.econ.kyoto-u.ac.jp/projectcenter/
More information through EDIRC

Related research

Keywords:

Other versions of this item:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Fehr, Ernst & Schmidt, Klaus M., . "A theory of fairness, competition, and cooperation," Chapters in Economics, University of Munich, Department of Economics.
  2. Quoc-Anh Do & Stephen Leider & Markus M. Mobius & Tanya Rosenblat, 2008. "Directed Altruism and Enforced Reciprocity in Social Networks," Working Papers 17-2008, Singapore Management University, School of Economics.
  3. Fernando Aguiar & Pablo Brañas-Garza & Ramón Cobo-Reyes & Natalia Jimenez & Luis Miller, 2009. "Are women expected to be more generous?," Experimental Economics, Springer, vol. 12(1), pages 93-98, March.
  4. Johannesson, Magnus & Persson, Bjorn, 2000. "Non-reciprocal altruism in dictator games," Economics Letters, Elsevier, vol. 69(2), pages 137-142, November.
  5. Louviere,Jordan J. & Hensher,David A. & Swait,Joffre D., 2000. "Stated Choice Methods," Cambridge Books, Cambridge University Press, number 9780521788304, April.
  6. Hoffman, Elizabeth & McCabe, Kevin & Smith, Vernon L, 1996. "Social Distance and Other-Regarding Behavior in Dictator Games," American Economic Review, American Economic Association, vol. 86(3), pages 653-60, June.
  7. Bohnet, Iris & Frey, Bruno S., 1999. "The sound of silence in prisoner's dilemma and dictator games," Journal of Economic Behavior & Organization, Elsevier, vol. 38(1), pages 43-57, January.
  8. Christoph Engel, 2010. "Dictator Games: A Meta Study," Working Paper Series of the Max Planck Institute for Research on Collective Goods 2010_07, Max Planck Institute for Research on Collective Goods, revised Jan 2011.
  9. Carlsson, Fredrik & Daruvala, Dinky & Johansson-Stenman, Olof, 2001. "Are People Inequality Averse Or Just Risk Averse?," Working Papers in Economics 43, University of Gothenburg, Department of Economics.
  10. Ben-Ner, Avner & Kramer, Amit & Levy, Ori, 2008. "Economic and hypothetical dictator game experiments: Incentive effects at the individual level," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(5), pages 1775-1784, October.
  11. Train,Kenneth E., 2009. "Discrete Choice Methods with Simulation," Cambridge Books, Cambridge University Press, number 9780521747387, April.
  12. Bhat, Chandra R., 2001. "Quasi-random maximum simulated likelihood estimation of the mixed multinomial logit model," Transportation Research Part B: Methodological, Elsevier, vol. 35(7), pages 677-693, August.
  13. Burnham, Terence C., 2003. "Engineering altruism: a theoretical and experimental investigation of anonymity and gift giving," Journal of Economic Behavior & Organization, Elsevier, vol. 50(1), pages 133-144, January.
  14. Kovarik, Jaromir & Espinosa Alejos, María Paz & Brañas Garza, Pablo & Jiménez, Natalia & Ponti, Giovanni & Cobo Reyes, Ramón, 2009. "Altruism and Social Integration," DFAEII Working Papers 2009-05, University of the Basque Country - Department of Foundations of Economic Analysis II.
    • Kovarik, Jaromir & Espinosa Alejos, María Paz & Brañas Garza, Pablo & Jiménez, Natalia & Ponti, Giovanni & Cobo Reyes, Ramón, 2009. "Altruism and Social Integration," IKERLANAK 2009-35, Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I.
  15. Pablo Brañas-Garza, 2003. "Poverty in Dictator Games: Awakening Solidarity," IESA Working Papers Series 0303, Institute for Social Syudies of Andalusia - Higher Council for Scientific Research.
  16. Tetsuo Yamamori & Kazuhiko Kato & Toshiji Kawagoe & Akihiko Matsui, 2004. "Voice Matters in a Dictator Game," CIRJE F-Series CIRJE-F-302, CIRJE, Faculty of Economics, University of Tokyo.
  17. Axel Ockenfels & Gary E. Bolton, 2000. "ERC: A Theory of Equity, Reciprocity, and Competition," American Economic Review, American Economic Association, vol. 90(1), pages 166-193, March.
  18. Philipp C. Wichardt, 2009. "A status-based motivation for behavioural altruism," International Journal of Social Economics, Emerald Group Publishing, vol. 36(8), pages 869-887, June.
  19. Kovarik, Jaromir, 2009. "Giving it now or later: Altruism and discounting," Economics Letters, Elsevier, vol. 102(3), pages 152-154, March.
  20. John M. Gowdy & Raluca Iorgulescu Polimeni, 2005. "The death of homo economicus," International Journal of Social Economics, Emerald Group Publishing, vol. 32(11), pages 924-938, November.
  21. Dufwenberg, Martin & Muren, Astri, 2006. "Generosity, anonymity, gender," Journal of Economic Behavior & Organization, Elsevier, vol. 61(1), pages 42-49, September.
  22. Sefton, Martin, 1992. "Incentives in simple bargaining games," Journal of Economic Psychology, Elsevier, vol. 13(2), pages 263-276, June.
  23. Charness, Gary & Gneezy, Uri, 2008. "What's in a name? Anonymity and social distance in dictator and ultimatum games," Journal of Economic Behavior & Organization, Elsevier, vol. 68(1), pages 29-35, October.
  24. Rotemberg, Julio J., 2008. "Minimally altruistic wages and unemployment in a matching model with monopsony," Journal of Monetary Economics, Elsevier, vol. 55(Supplemen), pages S97-S110, October.
  25. Rankin, Frederick W., 2006. "Requests and social distance in dictator games," Journal of Economic Behavior & Organization, Elsevier, vol. 60(1), pages 27-36, May.
  26. Forsythe Robert & Horowitz Joel L. & Savin N. E. & Sefton Martin, 1994. "Fairness in Simple Bargaining Experiments," Games and Economic Behavior, Elsevier, vol. 6(3), pages 347-369, May.
  27. Jacob K. Goeree & Margaret A. McConnell & Tiffany Mitchell & Tracey Tromp & Leeat Yariv, 2010. "The 1/d Law of Giving," American Economic Journal: Microeconomics, American Economic Association, vol. 2(1), pages 183-203, February.
  28. Brañas Garza, Pablo & Espinosa Alejos, María Paz & Cobo Reyes, Ramón & Jiménez, Natalia & Ponti, Giovanni, 2006. "Altruism in the (Social) Network," DFAEII Working Papers 2006-04, University of the Basque Country - Department of Foundations of Economic Analysis II.
    • Kovarik, Jaromir & Espinosa Alejos, María Paz & Brañas Garza, Pablo & Jiménez, Natalia & Ponti, Giovanni & Cobo Reyes, Ramón, 2009. "Altruism and Social Integration," IKERLANAK 2009-35, Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I.
  29. 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.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:kue:dpaper:e-10-013. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Graduate School of Economics Project Center).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.