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• W2168995725 abstract "Departures from pure self interest in economic experiments have recently inspired models of social preferences. We conduct experiments on simple two-person and three-person games with binary choices that test these theories more directly than the array of games conventionally considered. Our experiments show strong support for the prevalence of preferences: People sacrifice to increase the payoffs for all recipients, but especially for the lowest-payoff recipients. People are also motivated by reciprocity: While people are reluctant to sacrifice to reciprocate good or bad behavior beyond what they would sacrifice for neutral parties, they withdraw willingness to sacrifice to achieve a fair outcome when others are themselves unwilling to sacrifice. Some participants are averse to getting different payoffs than others, but based on our experiments and reinterpretation of previous experiments we argue that behavior that has been presented as difference aversion in recent papers is actually a combination of reciprocal and quasi-maximin motivations. We formulate a model in which each player is willing to sacrifice to allocate the quasi-maximin allocation only to those players also believed to be pursuing the quasi-maximin allocation, and may sacrifice to punish unfair players." @default.
• W2168995725 created "2016-06-24" @default.
• W2168995725 creator A5044334074 @default.
• W2168995725 creator A5063325298 @default.
• W2168995725 date "2000-06-05" @default.
• W2168995725 modified "2023-09-26" @default.
• W2168995725 title "Social Preferences: Some Simple Tests and a New Model" @default.
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• W2168995725 hasPublicationYear "2000" @default.
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