Social preferences and information about effort and luck: an online survey experiment
Begoña Cabeza and
Koen Decancq
No 2305, Working Papers from Herman Deleeck Centre for Social Policy, University of Antwerp
Abstract:
We propose an easily implemented method to compare the level of altruism of non-parametric social preferences over one’s own and another person’s monetary pay-off. The method was used in an online survey experiment with 573 decision makers to compare the level of altruism of their social preferences and study how much it is affected by randomized information about the effort and luck level of the other person. We find evidence supporting the hypothesis that decision makers become more altruistic when they learn that the other person exerted a high level of effort, and become less altruistic when they learn that the other person was lucky.
Date: 2023-02
New Economics Papers: this item is included in nep-cbe and nep-exp
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Persistent link: https://EconPapers.repec.org/RePEc:hdl:wpaper:2305
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