Social Preferences Modeling in Experimental Economics: Introduction and Experimental Evaluation

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JALILI MARAND ALIREZA; MOTAFAKKERAZAD MOHAMAD ALI; FALLAHI FIRUZ

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Journal: Journal of Economic Research Year:2018 | Volume:53 | Issue:3 Page(s): 513-542

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Information Journal Paper

Title

Social Preferences Modeling in Experimental Economics: Introduction and Experimental Evaluation

Author(s)

JALILI MARAND ALIREZA | MOTAFAKKERAZAD MOHAMAD ALI | FALLAHI FIRUZ | Issue Writer Certificate

Keywords

Self-InterestQ3

FairnessQ2

EfficiencyQ2

ExperimentQ1

Dictator GameQ1

Abstract

There are wide ranges of evidence show that Self-Interest is not unique motivation in various games and Experiments. Fairness, reciprocity, competition and altruism can take substantial role in some game. To explain contrary result of Experiments some models arise by considering those motivations beside the selfishness. This study explores three types of these models. Two of them are based on Fairness and last one supposes that subjects are surplus maximizer. A distributional Experiment based on Dictator Game is established to explore models. Results show Fairness motivation has main rule in subject’ s choice in all treatments. However it is impossible to ignore Self-Interest and Efficiency entirely.

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APA: Copy

JALILI MARAND, ALIREZA, MOTAFAKKERAZAD, MOHAMAD ALI, & FALLAHI, FIRUZ. (2018). Social Preferences Modeling in Experimental Economics: Introduction and Experimental Evaluation. TAHGHIGHAT-E-EGHTESADI, 53(3 ), 513-542. SID. https://sid.ir/paper/11848/en

Vancouver: Copy

JALILI MARAND ALIREZA, MOTAFAKKERAZAD MOHAMAD ALI, FALLAHI FIRUZ. Social Preferences Modeling in Experimental Economics: Introduction and Experimental Evaluation. TAHGHIGHAT-E-EGHTESADI[Internet]. 2018;53(3 ):513-542. Available from: https://sid.ir/paper/11848/en

IEEE: Copy

ALIREZA JALILI MARAND, MOHAMAD ALI MOTAFAKKERAZAD, and FIRUZ FALLAHI, “Social Preferences Modeling in Experimental Economics: Introduction and Experimental Evaluation,” TAHGHIGHAT-E-EGHTESADI, vol. 53, no. 3 , pp. 513–542, 2018, [Online]. Available: https://sid.ir/paper/11848/en

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