Taking Aversion. Oleg Korenoka, Edward L. Millnera, Laura Razzolinib. Journal of Economic Behavior & Organization, https://doi.org/10.1016/j.jebo.2018.01.021
Highlights
• New experiment to measure whether dictators prefer a giving game to a taking game with identical payoff possibilities.
• Most dictators prefer the giving game
• Aversion to taking is strong: dictators are willing to sacrifice 31% of endowment to avoid taking.
• Consistent with Levitt and List's model of social preferences: moral cost of taking exceeds the moral cost of not giving.
Abstract: We determine whether the moral cost of taking exceeds the moral cost of not giving. We design and conduct an experiment to determine whether a dictator prefers a giving game over a taking game when the payoff possibilities are identical and to measure the strength of the preference. We find that aversion to taking is prevalent and strong. Over 85% of the dictators in our experiment choose to play a giving game over a taking game when the payoff possibilities are identical and, on average, dictators are willing to sacrifice over 31% of their endowment to avoid taking.
Keywords: Taking; Dictator Game; Impure Altruism; Equivalent Variation
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