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Inequality aversion, social discount, and time discount rates

  • Takanori Ida
  • Kazuhito Ogawa

Purpose – This paper aims to 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 – The paper finds that 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 – The paper simultaneously estimates social preference parameters, including the inequality aversion rate, the social discount rate, and the time discount rate.

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Article provided by Emerald Group Publishing in its journal International Journal of Social Economics.

Volume (Year): 39 (2012)
Issue (Month): 5 (May)
Pages: 314-329

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Handle: RePEc:eme:ijsepp:v:39:y:2012:i:5:p:314-329
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  1. Branas-Garza, Pablo, 2006. "Poverty in dictator games: Awakening solidarity," Journal of Economic Behavior & Organization, Elsevier, vol. 60(3), pages 306-320, July.
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    • Kovarik, Jaromir & Jiménez, Natalia & Ponti, Giovanni & Espinosa Alejos, María Paz & Brañas Garza, Pablo & Cobo Reyes, Ramón, 2009. "Altruism and Social Integration," IKERLANAK 2009-35, Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I.
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  22. repec:cup:cbooks:9780521788304 is not listed on IDEAS
  23. Kovarik, Jaromir & Jiménez, Natalia & Ponti, Giovanni & Espinosa Alejos, María Paz & Brañas Garza, Pablo & 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 & Jiménez, Natalia & Ponti, Giovanni & Espinosa Alejos, María Paz & Brañas Garza, Pablo & Cobo Reyes, Ramón, 2009. "Altruism and Social Integration," IKERLANAK 2009-35, Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I.
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