Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/23801 
Year of Publication: 
2004
Series/Report no.: 
Discussion Paper No. 229
Publisher: 
European University Viadrina, Department of Business Administration and Economics, Frankfurt (Oder)
Abstract: 
Models to the issue of altruism which rely on externalities of well-being are rarely used explicitly. In this paper we compare such utility-based approaches with the standard approach on altruism which is based on externalities of income. Testable differences of both types of models are derived in the case of incomplete information. More specifically, applied to the Dictator Game and the Impunity Game both played under incomplete information, the utility-based based approach predicts dictators to change their behavior in comparison to Dictator Games under complete information. Under the income-based approach, behavior should not differ in the three versions of the Dictator Game.
Subjects: 
Altruism
Incomplete Information
Consistent Expectations
JEL: 
D82
D64
Document Type: 
Working Paper

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