Inequality aversion, social discount, and time discount rates
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
|Date of creation:||Dec 2010|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.econ.kyoto-u.ac.jp/projectcenter/
More information through EDIRC
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.:
- repec:cup:cbooks:9780521788304 is not listed on IDEAS
- 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.
- Pablo Brañas Garza, 2003. "Poverty in Dictator Games: Awakening Solidarity," Economic Working Papers at Centro de Estudios Andaluces E2003/50, Centro de Estudios Andaluces.
- 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.
- Johannesson, Magnus & Persson, Bjorn, 2000. "Non-reciprocal altruism in dictator games," Economics Letters, Elsevier, vol. 69(2), pages 137-142, November.
- 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.
- 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.
- Tetsuo Yamamori & Kazuhiko Kato & Toshiji Kawagoe & Akihiko Matsui, 2004.
"Voice Matters in a Dictator Game,"
CIRJE-F-302, CIRJE, Faculty of Economics, University of Tokyo.
- Mobius, Markus & Do, Quoc-Anh & Leider, Stephen & Rosenblat, Tanya, 2009.
"Directed Altruism and Enforced Reciprocity in Social Networks,"
3054685, Harvard University Department of Economics.
- Stephen Leider & Markus M. Möbius & Tanya Rosenblat & Quoc-Anh Do, 2009. "Directed Altruism and Enforced Reciprocity in Social Networks," The Quarterly Journal of Economics, MIT Press, vol. 124(4), pages 1815-1851, November.
- Rosenblat, Tanya & Mobius, Markus, 2009. "Directed Altruism and Enforced Reciprocity in Social Networks," Staff General Research Papers 13025, Iowa State University, Department of Economics.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- Dufwenberg, Martin & Muren, Astri, 2006. "Generosity, anonymity, gender," Journal of Economic Behavior & Organization, Elsevier, vol. 61(1), pages 42-49, September.
- Fernando Aguiar & Pablo Brañas-Garza & Ramón Cobo-Reyes & Natalia Jiménez & Luis M. Miller, 2006.
"Gender based prescriptions: evidence for altruism,"
06/11, Department of Economic Theory and Economic History of the University of Granada..
- Kenneth Train, 2003.
"Discrete Choice Methods with Simulation,"
Online economics textbooks,
SUNY-Oswego, Department of Economics, number emetr2, March.
- Sefton, Martin, 1992. "Incentives in simple bargaining games," Journal of Economic Psychology, Elsevier, vol. 13(2), pages 263-276, June.
- Fehr, Ernst & Schmidt, Klaus M., 1998.
"A Theory of Fairness, Competition and Cooperation,"
CEPR Discussion Papers
1812, C.E.P.R. Discussion Papers.
- Ernst Fehr & Klaus M. Schmidt, 1999. "A Theory Of Fairness, Competition, And Cooperation," The Quarterly Journal of Economics, MIT Press, vol. 114(3), pages 817-868, August.
- Fehr, Ernst & Schmidt, Klaus M., . "A theory of fairness, competition, and cooperation," Chapters in Economics, University of Munich, Department of Economics.
- Ernst Fehr & Klaus M. Schmidt, . "A Theory of Fairness, Competition and Cooperation," IEW - Working Papers 004, Institute for Empirical Research in Economics - University of Zurich.
- Fehr, Ernst & Schmidt, Klaus M., 1999. "A theory of fairness, competition, and cooperation," Munich Reprints in Economics 20650, University of Munich, Department of Economics.
- 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.
- Avner Ben-Ner & Ori Levy, .
"Economic and Hypothetical Dictator Game Experiments: Incentive Effects at the Individual Level,"
0305, Human Resources and Labor Studies, University of Minnesota (Twin Cities Campus).
- 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.
- Fredrik Carlsson & Dinky Daruvala & Olof Johansson-Stenman, 2005.
"Are People Inequality-Averse, or Just Risk-Averse?,"
London School of Economics and Political Science, vol. 72(3), pages 375-396, 08.
- 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.
- 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.
- 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.
- 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.
- Rankin, Frederick W., 2006. "Requests and social distance in dictator games," Journal of Economic Behavior & Organization, Elsevier, vol. 60(1), pages 27-36, May.
- 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.
- Stephen Leider & Markus M. Mobius & Tanya Rosenblat & Quoc-Anh Do, 2009. "Directed Altruism and Enforced Reciprocity in Social Networks," Sciences Po publications info:hdl:2441/14otokka698, Sciences Po.
- Kovarik, Jaromir, 2009.
"Giving it now or later: Altruism and discounting,"
Elsevier, vol. 102(3), pages 152-154, March.
- repec:ehu:dfaeii:200905 is not listed on IDEAS
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 references are entirely missing, you can add them using this form.