DISAPPOINTMENT AVERSION AND SOCIAL COMPARISONS IN A REAL-EFFORT COMPETITION
نویسندگان
چکیده
منابع مشابه
Social disappointment explains chimpanzees' behaviour in the inequity aversion task.
Chimpanzees' refusal of less-preferred food when an experimenter has previously provided preferred food to a conspecific has been taken as evidence for a sense of fairness. Here, we present a novel hypothesis-the social disappointment hypothesis-according to which food refusals express chimpanzees' disappointment in the human experimenter for not rewarding them as well as they could have. We te...
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چکیده زبان به عنوان یک وسیله در ایجاد و بازسازی سرمایه اجتماعی در چند دهه گذشته مورد توجه بوده است. اگر چه درباره سرمایه اجتماعی و سازه های مربوط به آن زیاد نوشته شده است ولی خیلی کم بر روی اینکه چطور زبان می تواند باعث ایجاد اعتماد یا بی اعتمادی بشود مطالعه ای انجام شده است. این مطالعه به منظور تحقق دو هدف انجام گرفته است. اول تلاش خواهد شد تا یک گونه شناسی از واژگانی که مردم کرد زبان شهر ا...
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Social choice theory is a theoretical framework for analysis of combining individual preferences, interests, or welfares to reach a collective decision or social welfare in some sense. We introduce a new criterion for social choice protocols called ”social disappointment”. Social disappointment happens when the outcome of a voting system occurs for those alternatives which are at the end of at ...
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We study a production economy with regime switching in the conditional mean and volatility of productivity growth. The representative agent has generalized disappointment aversion (GDA) preferences. We show that volatility risk in productivity growth carries a positive and sizable risk premium in levered equity. Our model can endogenously generate long-run risks in the volatility of consumption...
متن کاملEliciting Gul’s theory of disappointment aversion by the tradeoff method
Gul’s theory of disappointment aversion (DA) has several attractive features, being intuitive, analytically tractable, and parsimonious. In spite of this, the DA model has received little attention in practical applications, which may be partly due to the absence of a procedure to elicit the model. We show how the tradeoff method, developed by Wakker and Deneffe can be used to elicit DA. Our el...
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ژورنال
عنوان ژورنال: Economic Inquiry
سال: 2017
ISSN: 0095-2583
DOI: 10.1111/ecin.12498