Heterogeneous guilt sensitivities and incentive effects
Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
Standard
Heterogeneous guilt sensitivities and incentive effects. / Bellemare, Charles; Sebald, Alexander; Suetens, Sigrid.
I: Experimental Economics, Bind 21, Nr. 2, 2018, s. 316-336.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
Harvard
APA
Vancouver
Author
Bibtex
}
RIS
TY - JOUR
T1 - Heterogeneous guilt sensitivities and incentive effects
AU - Bellemare, Charles
AU - Sebald, Alexander
AU - Suetens, Sigrid
PY - 2018
Y1 - 2018
N2 - Psychological games of guilt aversion assume that preferences depend on (beliefs about) beliefs and on the guilt sensitivity of the decision-maker. We present an experiment designed to measure guilt sensitivities at the individual level for various stake sizes. We use the data to estimate a structural choice model that allows for heterogeneity, and permits that guilt sensitivities depend on stake size. We find substantial heterogeneity of guilt sensitivities in our population, with 60% of decision makers displaying stake-dependent guilt sensitivity. For these decision makers, we find that average guilt sensitivities are significantly different from zero for all stakes considered, while significantly decreasing with the level of stakes.
AB - Psychological games of guilt aversion assume that preferences depend on (beliefs about) beliefs and on the guilt sensitivity of the decision-maker. We present an experiment designed to measure guilt sensitivities at the individual level for various stake sizes. We use the data to estimate a structural choice model that allows for heterogeneity, and permits that guilt sensitivities depend on stake size. We find substantial heterogeneity of guilt sensitivities in our population, with 60% of decision makers displaying stake-dependent guilt sensitivity. For these decision makers, we find that average guilt sensitivities are significantly different from zero for all stakes considered, while significantly decreasing with the level of stakes.
KW - Dictator game
KW - Guilt sensitivity
KW - Heterogeneity
KW - Psychological game theory
KW - Stakes
U2 - 10.1007/s10683-017-9543-2
DO - 10.1007/s10683-017-9543-2
M3 - Journal article
VL - 21
SP - 316
EP - 336
JO - Experimental Economics
JF - Experimental Economics
SN - 1386-4157
IS - 2
ER -
ID: 222748853