Title : Other-Regarding Preferences and Giving Decision in Risky Environments: Experimental Evidence
Author(s) : MICKAEL BEAUD, MATHIEU LEFEBVRE, JULIE ROSAZ
Abstract : This paper investigates if and how other-regarding preferences governing giving decisions in dictator games are affected in risky environments in which the payoff of the recipient is random. We demonstrate that, whenever the risk is actuarially neutral, the donation of dictators with a purely ex post view of fairness should, in general, be affected by the riskyness of the recipient’s payoff, while dictators with a purely ex ante view should not be. Our experimental data give weak empirical support to the purely ex post view of fairness.
Key-words : Laboratory experiments dictator games, background risk, otherregarding preferences, inequality aversion, impure altruism, ex ante and ex post views of fairness.
JEL Classification : C91, D64, D81