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Personal Identity in the Dictator Game

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Author Info
Fernando Aguiar
Pablo Branas-Garza
Maria Paz Espinosa
Luis M. Miller () (Max Planck Institute of Economics Jena, Strategic Interaction Group)

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Abstract

This paper aims to analize the role of personal identity in decision making. To this end, it starts by reviewing critically the growing literature on economics and identity. Considering the ambiguities that the concept of social identity poses, our proposal focuses on the concept of personal identity. A formal model to study how personal identity enters in individuals’ utility function when facing a Dictator Game decision is then presented. Finally, this "identity-based" utility function is studied experimentally. The experiment allows us to study the main parameters of the model, suggesting that we should move with caution when attributing identities to individuals.

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Publisher Info
Paper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics, Thueringer Universitaets- und Landesbibliothek in its series Jena Economic Research Papers in Economics with number 2007-007.

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Date of creation: 20 Apr 2007
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Handle: RePEc:jrp:jrpwrp:2007-007

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Web page: http://www.jenecon.de

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Related research
Keywords: personal identity; dictator game; game theory; experiments;

Find related papers by JEL classification:
A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior

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    Other versions:
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