Do Social Preferences Increase Productivity? Field Experimental Evidence from Fishermen in Toyama Bay

19 Pages Posted: 21 Mar 2011

See all articles by Jeffrey P. Carpenter

Jeffrey P. Carpenter

Middlebury College - Department of Economics; IZA Institute of Labor Economics

Erika Seki

Osaka University - Graduate School of Economics

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Abstract

In addition to showing that student measures of social preference, a concern for outcomes achieved by other reference agents, are quite different from those obtained in the field with participants who face social dilemmas in their daily lives, we find links between the social preferences of our field participants and their productivity at work. We also find that the field stock of social preferences evolves endogenously with respect to how widely team production is utilized. Because the link between productivity and social preference is strong, we provide a reason for the wider economics profession to take notice of social preferences.

JEL Classification: C93, D21, D24, H41, J24, M52, Z13

Suggested Citation

Carpenter, Jeffrey P. and Seki, Erika, Do Social Preferences Increase Productivity? Field Experimental Evidence from Fishermen in Toyama Bay. Economic Inquiry, Vol. 49, No. 2, pp. 612-630, 2011. Available at SSRN: https://ssrn.com/abstract=1790152 or http://dx.doi.org/10.1111/j.1465-7295.2009.00268.x

Jeffrey P. Carpenter

Middlebury College - Department of Economics ( email )

Munroe Hall
Middlebury, VT 05753
United States
802-443-3241 (Phone)
802-443-2084 (Fax)

HOME PAGE: http://community.middlebury.edu/~jcarpent/index.ht

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Erika Seki

Osaka University - Graduate School of Economics ( email )

1-7 Machikaneyama
Toyonaka, Osaka, 560-0043
Japan

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