کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5059097 1371775 2013 6 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Estimation of social preferences in generalized dictator games
ترجمه فارسی عنوان
برآورد اولویت های اجتماعی در بازی های عمومی دیکتاتور
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی


- Statistical analysis of social preferences requires econometric modeling of choice.
- Different choice models estimate different utility functions, preventing consensus.
- I analyze precision (in-sample fit) and robustness (out-of-sample fit) of standard models.
- Random utility model for ordered alternatives fits well, in-sample and out-of-sample.

To statistically infer the motives underlying pro-social behavior, econometric models of choice are required. Such inference is comparable across studies if the choice model yields estimates that are precise in-sample and robust out-of-sample. Analyzing two extensive dictator game data sets, I find that structural models of choice prevent significant overfitting (contrary to regression models), structural models with generalized error structure fit the choice pattern, and random utility models yield robust identification of subject types (contrary to random behavior and random taste models). The random utility model for ordered alternatives provides robust estimates across games and is therefore suited for analyses.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economics Letters - Volume 121, Issue 2, November 2013, Pages 192-197
نویسندگان
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