Social preferences or sacred values? Theory and evidence of deontological motivations.
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ABSTRACT:
SUBMITTER: Chen DL
PROVIDER: S-EPMC9106295 | biostudies-literature | 2022 May
REPOSITORIES: biostudies-literature
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Social preferences or sacred values? Theory and evidence of deontological motivations.
Chen Daniel L DL Schonger Martin M
Science advances 20220513 19
Recent advances in economic theory, largely motivated by experimental findings, have led to the adoption of models of human behavior where decision-makers take into consideration not only their own payoff but also others' payoffs and any potential consequences of these payoffs. Investigations of deontological motivations, where decision-makers make their choice based on not only the consequences of a decision but also the decision per se, have been rare. We provide a formal interpretation of maj ...[more]
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