Dicator Game

Question 1

What did Forsythe et al. (1994) find about donations in the DG?

Answer 1

The average donation was $1.36 from $10.
~ $8.60 keep
~$1.30 given
60% people give non zero amounts

Question 2

Engel’s (2011) meta-analysis?

Answer 2

20-30% given from their endowment
15% split 50/50
15-20% give zero

Question 3

What do people experience from inequality according to Fehr & Schmidt (1999)?

Answer 3

People experience disutility from inequality.

Question 4

What concept did Andreoni (1990) introduce related to giving?

Answer 4

“Warm-glow” altruism.

Question 5

What happens to giving when money is earned according to List (2007)?

Answer 5

Money earn –> Giving drops significantly.

Question 6

What did Dana et al. (2006) find about recipient visibility?

Answer 6

Daña gave the option to exit from the dictionary game. Significant players chose to exit for a lower payoff. They decided not having to make a visible decision about sharing was worth it. This shows people care about self-image more than pro social motives.

Question 7

What did List (2003) find about traders compared to students?

Answer 7

Traders give less than students.
Context: experience could have influenced