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Data · dataset · 2018

Replication Data for: A note on testing guilt aversion

Listed in IISH Dataverse

We compare three approaches to test for guilt aversion in two economic experiments.

Description

The first approach elicits second-order beliefs using self-reports. The second approach discloses first-order beliefs of matched players to decision makers, which are taken as exogenous second-order beliefs of decision makers.

The third approach lets decision makers make choices conditional on a sequence of possible first-order beliefs of matched players. We find that the first and third approach generate similar results, both qualitatively and quantitatively. The second approach, however, generates significantly higher levels of `kindness' for low levels of beliefs: at a second-order belief of zero, the probability of choosing the `kind' action is between 43 and 65 percentage points higher than with the other approaches.

Links

Where it is published

Catalogue records · 1

Topics

Stated by source
Business and Management
From keywords
Economics & Finance
Inferred from text
Experimental economics 77%
Provenance · 1 source records, 9 field assertions
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IISH Dataversedoi:10.34894/HUXBF110 d agoJSON v1
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