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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22234 |
来源ID | Working Paper 22234 |
Moral Costs and Rational Choice: Theory and Experimental Evidence | |
James C. Cox; John A. List; Michael Price; Vjollca Sadiraj; Anya Samek | |
发表日期 | 2016-05-09 |
出版年 | 2016 |
语种 | 英语 |
摘要 | The literature exploring other regarding behavior sheds important light on interesting social phenomena, yet less attention has been given to how the received results speak to foundational assumptions within economics. Our study synthesizes the empirical evidence, showing that recent work challenges convex preference theory but is largely consistent with rational choice theory. Guided by this understanding, we design a new, more demanding test of a central tenet of economics—the contraction axiom—within a sharing framework. Making use of more than 325 dictators participating in a series of allocation games, we show that sharing choices violate the contraction axiom. We advance a new theory that augments standard models with moral reference points to explain our experimental data. Our theory also organizes the broader sharing patterns in the received literature. |
主题 | Econometrics ; Experimental Design ; Microeconomics ; Behavioral Economics |
URL | https://www.nber.org/papers/w22234 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579908 |
推荐引用方式 GB/T 7714 | James C. Cox,John A. List,Michael Price,et al. Moral Costs and Rational Choice: Theory and Experimental Evidence. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w22234.pdf(1407KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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