Loss and Other-Regarding Preferences: Evidence From Dictator Game

Armenak Antinyan

No 3, Working Papers from Venice School of Management - Department of Management, Università Ca' Foscari Venezia

Abstract: The paper aims at studying other-regarding preferences of decision makers in the domain of losses. For this purpose the framework of the Dictator Game is adopted, with two research questions under investigation. First, how will the dictator divide the pie with an anonymous recipient, after a bi-directional loss of equal amount? Second, how will the dictator divide the pie with a poor recipient from a third world country after a bidirectional loss, where the loss of the recipient is bigger than that of the dictator? Interestingly, the data illustrate that other-regarding motives of the dictators do not vanish in any of the treatments in which losses are introduced. The results are explained from the perspective of power-dependence relationship between the dictator and the recipient (Handgraaf et al., 2008, van Dijk and Vermunt, 2000).

Keywords: Dictator Games; Loss; Other-Regarding Preferences (search for similar items in EconPapers)
JEL-codes: C90 D63 D64 I30 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2014-03
New Economics Papers: this item is included in nep-cbe, nep-exp, nep-gth and nep-hpe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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