Imagine Being a Nice Guy: A Note on Hypothetical Vs. Incentivized Social Preferences
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Abstract
We conducted an experimental study on social preferences using dictator games similar to Fehr et al. (2008). Our results show that social preferences differ between participants who receive low-stakes monetary rewards for their decisions and participants who consider hypothetical stakes. The results were robust when we controlled for socio-demographic characteristics and participants’ risk attitudes. Our findings indicate that, apart from incentives, gender plays an important role for the categorization of different social preferences.
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This item has been published with the following license: In Copyright