The Geometry of Distributional Preferences and a Non-Parametric Identification Approach
Rudolf Kerschbamer
Working Papers from Faculty of Economics and Statistics, Universität Innsbruck
Abstract:
This paper proposes a geometric delineation of distributional preference types and a non-parametric approach for their identification in a two-person context. It starts with a small set of assumptions on preferences and shows that this set (i) naturally results in a taxonomy of distributional archetypes that nests all empirically relevant types considered in previous work in economics and social psychology; and (ii) gives rise to a clean experimental test design that discriminates between archetypes according to core features of preferences rather than properties of specific modelling variants. As a by-product the test yields a two-dimensional index of preference intensity.
Keywords: distributional preferences; social preferences; other-regarding preferences; social value orientations; behavioral economics; experimental economics (search for similar items in EconPapers)
JEL-codes: B41 C81 C90 D63 D64 (search for similar items in EconPapers)
Pages: 63 pages
Date: 2013-10
New Economics Papers: this item is included in nep-exp
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Citations: View citations in EconPapers (10)
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Persistent link: https://EconPapers.repec.org/RePEc:inn:wpaper:2013-25
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