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Parameters of social preference functions: measurement and external validity

机译:社会偏好函数的参数:度量和外部效度

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Most of the existing literature on social preferences either tests whether certain characteristics of the social context (like intentions of others) influence individual decisions, or tries to estimate parameters of social preference functions describing such behavior at the level of the entire population. In the present paper, we are concerned with measuring parameters of social preference functions at the individual level. We draw upon concepts developed for eliciting other types of utility functions, in particular the literature on decision making under incomplete information. Our method derives parameters of social preference functions from indifference statements about the distribution of payoffs a group. We apply our method in a controlled social preference experiment to establish the external validity of estimated parameters. Our results show the expected relationships to some external factors (like educational background of subjects) and also a strong correspondence between parameter estimates and factors that, according to the subjects’ own descriptions, influenced their behavior. We also find that some concepts discussed in the literature on social preferences, in particular envy toward players receiving a larger payoff, have very diverse and complex effects at the individual level.
机译:现有的大多数关于社会偏好的文献要么测试社会情境的某些特征(例如他人的意图)是否影响个人决策,要么试图估计描述整个人群水平上这种行为的社会偏好函数的参数。在本文中,我们关注的是在个人层面上衡量社会偏好函数的参数。我们借鉴为激发其他类型的效用函数而开发的概念,尤其是有关不完全信息下决策的文献。我们的方法从关于群体收益分配的无差异陈述中得出社会偏好函数的参数。我们在受控的社会偏好实验中应用我们的方法来建立估计参数的外部有效性。我们的结果显示了与某些外部因素(例如,受教育者的教育背景)的预期关系,以及参数估计值与根据受教育者自己的描述影响其行为的因素之间的强烈对应关系。我们还发现,文献中讨论的一些关于社会偏好的概念,特别是嫉妒那些获得更大收益的玩家,在个人层面上具有非常多样和复杂的影响。

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