Interdependent preference models as a theory of intentions

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Abstract

We provide a preference framework for situations in which "intentions matter." A behavioral type describes the individual's observable characteristics and the individual's personality. We define a canonical behavioral type space and provide a condition that identifies collections of behavioral types that are equivalent to components of the canonical type space. We also develop a reciprocity model within our framework and show how it enables us to distinguish between strategic (or instrumental) generosity and true generosity.

Original languageEnglish (US)
Pages (from-to)179-208
Number of pages30
JournalJournal of Economic Theory
Volume165
DOIs
StatePublished - Sep 1 2016

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

Keywords

  • Interdependent preferences
  • Reciprocity

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