In this paper, using a within-subjects design, we estimate the utility weights that subjects attach to the outcome of their interaction partners in four decision situations: (1) binary Dictator Games (DG), second player's role in the sequential Prisoner's Dilemma (PD) after the first player (2) cooperated and (3) defected, and (4) first player's role in the sequential Prisoner's Dilemma game. We find that the average weights in these four decision situations have the following order: (1)>(...Expand abstract
- Publication status:
- Peer review status:
- Peer reviewed
- Accepted manuscript
- Copyright holder:
- Elsevier Inc
- Copyright date:
- © 2014 Elsevier Inc. All rights reserved.
Hierarchical Bayesian analysis of outcome- and process-based social preferences and beliefs in Dictator Games and sequential Prisoner's Dilemmas.
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