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Une analyse théorique et empirique des déterminants sous-jacents dans la prise de décision

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  • Aurélie Bonein

Abstract

We propose in this article some new extensions of the well-known social preferences model of Fehr and Schmidt [1999]: the introduction of opponents’ payoffs differences and a simple element of reciprocity. To test their robustness, we estimate fixed-effects Logit models with collected data on a three-player game with a take-it-or-leave-it offer. Results highlight a strong influence of proposed extensions that don’t display a sense of fairness but rather the self-centered concern. This new model provides a better explanation of individuals’ decisions than the pioneering model of Fehr and Schmidt. Classification JEL : C25, C72, C91, D63

Suggested Citation

  • Aurélie Bonein, 2008. "Une analyse théorique et empirique des déterminants sous-jacents dans la prise de décision," Revue économique, Presses de Sciences-Po, vol. 59(3), pages 675-684.
  • Handle: RePEc:cai:recosp:reco_593_0675
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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