Individual Preferences for Giving
We utilize graphical representations of Dictator Games which generate rich individual- level data. Our baseline experiment employs budget sets over feasible payoff- pairs. We test these data for consistency with utility maximization, and we recover the underlying preferences for giving (trade-offs between own payoffs and the payoffs of others). Two further experiments augment the analysis. An extensive elaboration employs three-person budget sets to distinguish preferences for giving from social preferences (trade-offs between the payoffs of others). And an intensive elaboration employs step-shaped sets to distinguish between behaviors that are compatible with well-behaved preferences and those compatible only with not well-behaved cases. (JEL C72, D64)
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Volume (Year): 97 (2007)
Issue (Month): 5 (December)
Pages: 1858-1876
| Handle: | RePEc:aea:aecrev:v:97:y:2007:i:5:p:1858-1876 |
| Note: | DOI: 10.1257/aer.97.5.1858 |
| Contact details of provider: | Web page: https://www.aeaweb.org/aer/ Email: More information through EDIRC
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References listed on IDEAS
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