Taking Aversion

Oleg Korenok, Edward Millner () and Laura Razzolini ()
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Edward Millner: Department of Economics, VCU School of Business

No 1702, Working Papers from VCU School of Business, Department of Economics

Abstract: We determine whether the moral cost of taking exceeds the moral cost of not giving. We design and conduct an experiment to determine whether a dictator prefers a giving game over a taking game when the payoff possibilities are identical and to measure the strength of the preference. We find that aversion to taking is prevalent and strong. Over 85% of the dictators in our experiment choose to play a giving game over a taking game when the payoff possibilities are identical and, on average, dictators are willing to sacrifice over 31% of their endowment to avoid taking.

Keywords: Taking; Dictator Game; Impure Altruism; Equivalent Variation (search for similar items in EconPapers)
JEL-codes: C91 D01 D64 H30 H41 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2017-01
New Economics Papers: this item is included in nep-cbe, nep-exp and nep-pol
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http://www.people.vcu.edu/~okorenok/repec_files/TakingAversion01102017.pdf Revision (application/pdf)

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Journal Article: Taking aversion (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:vcu:wpaper:1702

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