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Poulsen, Anders 
ORCID: https://orcid.org/0000-0003-1742-2595 and Poulsen, Odile
(2006)
Endogenous preferences and social dilemma institutions.
Journal of Institutional and Theoretical Economics, 162 (4).
pp. 627-660.
ISSN 0932-4569
Abstract
There is robust experimental evidence that some people have selfish preferences, and others have social, or other-regarding, preferences. This paper seeks to explain why there is such preference heterogeneity. In our approach preferences are endogenous to the economy's institutional setup. We consider institutions of the social-dilemma type. Our main result characterizes the endogenous preferences: There is, under a wide set of institutional setups, a unique endogenous preference distribution, where reciprocal, altruistic, and selfish preferences coexist. These results may contribute to understanding how institutions affect preferences.
| Item Type: | Article |
|---|---|
| Faculty \ School: | Faculty of Social Sciences Faculty of Social Sciences > School of Economics |
| UEA Research Groups: | Faculty of Social Sciences > Research Centres > Centre for Behavioural and Experimental Social Sciences Faculty of Social Sciences > Research Groups > Behavioural Economics Faculty of Social Sciences > Research Groups > Environment, Resources and Conflict |
| Depositing User: | Vishal Gautam |
| Date Deposited: | 01 Dec 2006 |
| Last Modified: | 21 Apr 2023 21:31 |
| URI: | https://ueaeprints.uea.ac.uk/id/eprint/16453 |
| DOI: | 10.1628/093245606779252742 |
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