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A test of stability in a linear altruism model

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  • Ioannou, Christos A.
  • Qi, Shi
  • Rustichini, Aldo

Abstract

Linear altruism predicts the estimated preferences to be independent of the subject’s position in the game, if the role allocation is randomly determined, because subjects, in each role, have the same preferences ex ante. We test and reject this hypothesis.

Suggested Citation

  • Ioannou, Christos A. & Qi, Shi & Rustichini, Aldo, 2013. "A test of stability in a linear altruism model," Economics Letters, Elsevier, vol. 121(1), pages 85-89.
    • Handle: RePEc:eee:ecolet:v:121:y:2013:i:1:p:85-89
    DOI: 10.1016/j.econlet.2013.07.007
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    References listed on IDEAS

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    Cited by:

    1. Ying Tang & Andrea Moro & Sandro Sozzo & Zhiyong Li, 2018. "Modelling trust evolution within small business lending relationships," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 4(1), pages 1-18, December.

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    More about this item

    Keywords

    Linear altruism; Trust game; QRE;
    All these keywords.

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles

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