Distributional Preferences Explain Individual Behavior Across Games and Time
Morten Hedegaard (),
Rudolf Kerschbamer (),
Mueller Daniel () and
Jean-Robert Tyran ()
Authors registered in the RePEc Author Service: Daniel Müller
Working Papers from Faculty of Economics and Statistics, University of Innsbruck
We use a large and heterogeneous sample of the Danish population to investigate the importance of distributional preferences for behavior in a trust game and a public good game. We find robust evidence for the significant explanatory power of distributional preferences. In fact, compared to twenty-one covariates, distributional preferences turn out to be the single most important predictor of behavior. Specifically, subjects who reveal benevolence in the domain of advantageous inequality are more likely to pick the trustworthy action in the trust game and contribute more to the public good than other subjects. Since the experiments were spread out more than one year, our results suggest that there is a component of distributional preferences that is stable across games and over time.
Keywords: Distributional preferences; social preferences; Equality-Equivalence Test; representa- tive online experiment; trust game; public goods game; dictator game. (search for similar items in EconPapers)
JEL-codes: C72 C91 D64 (search for similar items in EconPapers)
Pages: 50 pages
New Economics Papers: this item is included in nep-bec, nep-cbe, nep-exp, nep-gth and nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
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Journal Article: Distributional preferences explain individual behavior across games and time (2021)
Working Paper: Distributional Preferences Explain Individual Behavior Across Games and Time (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:inn:wpaper:2019-09
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