Mind the framing when studying social preferences in the domain of losses
| Authors | |
|---|---|
| Year of publication | 2024 |
| Type | Article in Periodical |
| Magazine / Source | Journal of Economic Behavior and Organization |
| MU Faculty or unit | |
| Citation | |
| Web | Mind the framing when studying social preferences in the domain of losses |
| Doi | http://dx.doi.org/10.1016/j.jebo.2023.12.024 |
| Keywords | Loss; Framing; Altruism; Dictator game; Experiment; Social norms |
| Attached files | |
| Description | There is no consensus in whether monetary losses make individuals more generous or selfish. Utilizing a dictator game (DG), we study the impact of loss framing on altruism and find that dictators’ altruism is sensitive to the loss frame they are embedded in. In a DG in which the dictators share a loss between themselves and a recipient, the monetary allocations are more benevolent than in a setting without a loss and in a DG in which the dictators share what remains of their endowments after a loss. These differences are explained by the social norms the loss frames invoke. |
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