econ 198 behavioral social preferences

The money burning game is most likely useful in a research project focused on 

• trust

• envy

• risk aversion

• reciprocity

Answer explanation

Money Burning Game

Unequal wealth distribution among players

Received money by betting Arbitrary (undeserved) gifts

With option to reduce, redistribute, or steal money from others (at a cost)

Perception of fairness •Relative payoff •Basis of initial allocation

The results in dictator double blind experiments indicate that 

• intentions matter

• risk of rejection matters

• reputation matters

• all of the choices given

Answer explanation

In dictator double blind experiments where the experimenter could not identify the decision maker, results indicate self-regarding offers, suggesting that offers are due to strategic and expectation considerations

The use of a public goods game is appropriate when a researcher wants to study

• tendency to free ride

• inequality aversion

• desire for fairness

• willingness to accept

Rich people donating to a charitable institution for refugees is an example of

• Desire for fairness

• Positive direct reciprocity

• Negative indirect reciprocity

• Inequality aversion

Answer explanation

What is meant when researchers argue that "intentions matter in an ultimatum game"?

• 
  the same amount transferred may be interpreted differently by receivers

• an amount transferred is a clear signal of the receiver's intention

• sender must declare his intention

• receiver must declare his intention

Amounts transferred in an ultimatum game are commonly higher than the amounts transferred in a dictator game.

• True

• False

Answer explanation

Transfers in both games are high

Which of the following is mostly likely NOT true? 

Past experiment results on the dictator game suggest that

• a dictator's offer is motivated by fairness

• 
  a dictator's offer is influenced by how the dictator's endowment is earned

• 
  a dictator's offer can only be explained by altruism

• 
  a dictator's offer is influenced by the dictator's reputation or social image

Which of the following is TRUE about the results in dictator games?

• amounts transferred are influenced by risk of rejection by the receiver

• amounts transferred are influenced by the multiplier

• amounts transferred are influenced by how initial endowments are determined

• all of the choices given

In a dictator game, a proposer who offers 50% of her endowment is NOT assured that the receiver will accept the offer.

• True

• False

Answer explanation

The receiver is passive in a dictator game

A former government scholar donates to a private charitable institution that supports poor students. The former scholar's action is an example of

• positive indirect reciprocity

• positive direct reciprocity

• desire for fairness

• inequality aversion

Answer explanation