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Individual Preferences for Giving

Resource type
Authors/contributors
Title
Individual Preferences for Giving
Abstract
We utilize graphical representations of Dictator Games which generate rich individual-level data. Our baseline experiment employs budget sets over feasiblepayoff-pairs. We test these data for consistency with utility maximization, and werecover the underlying preferences for giving (trade-offs between own payoffs andthe payoffs of others). Two further experiments augment the analysis. An extensiveelaboration employs three-person budget sets to distinguish preferences for givingfrom social preferences (trade-offs between the payoffs of others). And an intensiveelaboration employs step-shaped sets to distinguish between behaviors thatare compatible with well-behaved preferences and those compatible only with notwell-behaved cases. (JEL C72, D64)
Publication
American Economic Review
Volume
97
Issue
5
Pages
1858-1876
Date
2007-12
Citation
Fisman, R., Kariv, S., & Markovits, D. (2007). Individual Preferences for Giving. American Economic Review, 97, 1858–1876.
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