Arbeitspapier
Testing consumer theory: Evidence from a natural field experiment
We present evidence from a natural field experiment designed to shed light on whether individual behavior is consistent with a neoclassical model of utility maximization subject to budget constraints. We do this through the lens of a field experiment on charitable giving. We find that the behavior of at least 80% of individuals, on both the extensive and intensive margins, can be rationalized within a standard neoclassical choice model in which individuals have preferences, defined over own consumption and their contribution towards the charitable good, satisfying the axioms of revealed preference.
- Sprache
-
Englisch
- Erschienen in
-
Series: WZB Discussion Paper ; No. SP II 2017-309
- Klassifikation
-
Wirtschaft
Field Experiments
Microeconomic Behavior: Underlying Principles
Consumer Economics: Empirical Analysis
Altruism; Philanthropy; Intergenerational Transfers
- Thema
-
natural field experiment
revealed preference
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Adena, Maja
Huck, Steffen
Rasul, Imran
- Ereignis
-
Veröffentlichung
- (wer)
-
Wissenschaftszentrum Berlin für Sozialforschung (WZB)
- (wo)
-
Berlin
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Adena, Maja
- Huck, Steffen
- Rasul, Imran
- Wissenschaftszentrum Berlin für Sozialforschung (WZB)
Entstanden
- 2017
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