Arbeitspapier

Distributional preferences explain individual behavior across games and time

We use a large and heterogeneous sample of the Danish population to investigate the importance of distributional preferences for behavior in a public good game and a trust 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 contribute more to the public good and are more likely to pick the trustworthy action in the trust game 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.

Language
Englisch

Bibliographic citation
Series: Working Papers in Economics and Statistics ; No. 2019-09

Classification
Wirtschaft
Noncooperative Games
Design of Experiments: Laboratory, Individual
Altruism; Philanthropy; Intergenerational Transfers
Subject
Distributional preferences
social preferences
Equality-Equivalence Test
representative online experiment
trust game
public goods game
dictator game

Event
Geistige Schöpfung
(who)
Hedegaard, Morten
Kerschbamer, Rudolf
Müller, Daniel
Tyran, Jean-Robert
Event
Veröffentlichung
(who)
University of Innsbruck, Research Platform Empirical and Experimental Economics (eeecon)
(where)
Innsbruck
(when)
2019

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hedegaard, Morten
  • Kerschbamer, Rudolf
  • Müller, Daniel
  • Tyran, Jean-Robert
  • University of Innsbruck, Research Platform Empirical and Experimental Economics (eeecon)

Time of origin

  • 2019

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