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 language | English (US) |
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Pages (from-to) | 179-208 |
Number of pages | 30 |
Journal | Journal of Economic Theory |
Volume | 165 |
DOIs | |
State | Published - Sep 1 2016 |
All Science Journal Classification (ASJC) codes
- Economics and Econometrics
Keywords
- Interdependent preferences
- Reciprocity