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Altruistic Economic Behaviors and Implicit Worldviews

Author

Listed:
  • Masao Ogaki
  • SunYoun Lee
  • Byung-Yeon Kim
  • Hyeog Ug Kwon
  • Hyoung-Seok Lim
  • Fumio Ohtake

Abstract

The main purpose of this paper is to study how individual differences in implicit worldviews regarding categories versus relationships affect altruistic behavior towards parents, children and non-family members, using the survey data of Korea, Japan and the US. Altruism and intergenerational transfers have been widely studied in economics (Fehr and Schmidt, 2006). Despite the reluctance to use a cultural factor as the determinant for the economic outcomes because of its ambiguity and difficulty of the measurement, extent literature in the field of economics has recently analyzed the possible impacts of individual beliefs and preferences on a variety of economic outcomes (Guiso et al. 2006). Since the variation is not explained by income differences, a natural candidate for explaining such variation is culture. Some researchers have found elements in explicit worldviews (or belief systems) such as confidence in worldview beliefs have statistically significant effects on intergenerational altruistic attitudes and explain substantial proportions of international differences in them (Akkemik et al. 2013; Kubota et al. 2013). Our research question is how worldviews affect altruistic economic behavior towards parents, children and non-family members. Following an approach of studying cultures in anthropology explained in Hiebert (2008), we see a worldview behind each culture. Here, a worldview consists of the explicit and implicit levels. He posits different types of logics at the implicit level of the worldview algorithmic logic and relational logic. This difference corresponds with Nisbett's (2003, pp. 139-147) hypothesis based on intellectual traditions in ancient Greece and ancient China is that Westerners would have a greater tendency to categorize objects than would Easterners. Nisbett cites experimental evidence for his hypothesis. It should be noted that it is not that every Westerner categorizes and every Easterner uses relationships. The difference is in distributions. More Westerners use categories than Easterners even though an individual Westerner may use relationships. We used survey data of Korea, Japan and the US that contains various measures of implicit and explicit worldviews, and individual preferences. We found that implicit worldviews as well as confidence in spiritual beliefs in explicit worldviews have statistically significant effects on some altruistic attitudes. This paper mainly differs from the previous literature in that it uses unique data that represent implicit worldviews about categories and relationships. The estimation results of this study contribute to shedding light on the effect of an individual foundational framework that is formulated at the implicit level on altruistic economic behaviors.

Suggested Citation

  • Masao Ogaki & SunYoun Lee & Byung-Yeon Kim & Hyeog Ug Kwon & Hyoung-Seok Lim & Fumio Ohtake, 2014. "Altruistic Economic Behaviors and Implicit Worldviews," ERSA conference papers ersa14p1568, European Regional Science Association.
  • Handle: RePEc:wiw:wiwrsa:ersa14p1568
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    File URL: https://www-sre.wu.ac.at/ersa/ersaconfs/ersa14/e140826aFinal01568.pdf
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    Cited by:

    1. Masahiro Hori & Nahoko Mitsuyama & Satoshi Shimizutani, 2016. "New Evidence on Intra-Household Allocation of Resources in Japanese Households," The Japanese Economic Review, Japanese Economic Association, vol. 67(1), pages 77-95, March.

    More about this item

    Keywords

    culture; implicit and explicit worldviews; categories; relationships; altruism;
    All these keywords.

    JEL classification:

    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers

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