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Guilt Aversion in Economics and Psychology

Charles Bellemare, Alexander Sebald () and Sigrid Suetens

No 2019-017, Discussion Paper from Tilburg University, Center for Economic Research

Abstract: We investigate whether the concept of guilt aversion in economics is related to the psychological characterization of the same phenomenon. For trust games and dictator games we report correlations between the guilt sensitivity measured within a framework of psychological games most common in economics and the guilt sensitivity measured using a questionnaire common in psychology (TOSCA-3). We find that the two measures correlate well and significantly in the two settings.

Keywords: guilt sensitivity; psychological game theory; TOSCA; laboratory experiment; guilt aversion (search for similar items in EconPapers)
JEL-codes: A13 C91 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec, nep-cbe, nep-evo, nep-exp, nep-gth, nep-ore and nep-upt
Date: 2019
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