Paper #1306
- Title:
- Are self-regarding subjects more rational?
- Authors:
- Benito Arruñada, Marco Casari and Francesca Pancotto
- Date:
- January 2012
- Abstract:
- Through an experiment, we investigate how the level of rationality relates to concerns for equality and efficiency. Subjects perform dictator games and a guessing game. More rational subjects are not more frequently of the selfregarding type. When performing a comparison within the same degree of rationality, self-regarding subjects show more strategic sophistication than other subjects.
- Keywords:
- steps of reasoning, other-regarding preferences
- JEL codes:
- C91, C92, D63
- Area of Research:
- Business Economics and Industrial Organization
- Published in:
- Frontiers in Behavioral Neuroscience, 9, 140, 2015.
With the title:
Pro-sociality and Strategic Reasoning in Economic Decisions.
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