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Are Self-Regarding Subjects More Rational?Benito ArruñadaUniversitat Pompeu Fabra Marco CasariUniversity of Bologna - Department of Economics Francesca PancottoUniversity of Modena and Reggio Emilia January 16, 2012 Quaderni DSE Working Paper No. 805 Abstract: Through an experiment, we investigate how the level of rationality relates to concerns for equality and efficiency. Subjects perform dictator games and a guessing game. More rational subjects are not more frequently of the self-regarding type. When performing a comparison within the same degree of rationality, self-regarding subjects show more strategic sophistication than other subjects.
Number of Pages in PDF File: 15 Keywords: steps of reasoning, other-regarding preferences JEL Classification: C91, C92, D63 working papers seriesDate posted: January 19, 2012Suggested CitationContact Information
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