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dc.contributor.authorFehr, Ernsten_US
dc.contributor.authorFischbacher, Ursen_US
dc.contributor.authorKosfeld, Michaelen_US
dc.date.accessioned2005-09-05en_US
dc.date.accessioned2010-07-07T09:10:32Z-
dc.date.available2010-07-07T09:10:32Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/33341-
dc.description.abstractThis paper discusses recent neuroeconomic evidence related to other-regarding behaviors and the decision to trust in other people's other-regarding behavior. This evidence supports the view that people derive nonpecuniary utility (i) from mutual cooperation in social dilemma (SD) games and (ii) from punishing unfair behavior. Thus, mutual cooperation and the punishment of free riders in SD games is not irrational, but better understood as rational behavior of people with corresponding social preferences. We also report the results of a recent study that examines the impact of the neuropeptide Oxytocin (OT) on trusting and trustworthy behavior in a sequential SD. Animal studies have identified Oxytocin as a hormone that induces prosocial approach behavior, suggesting that it may also affect prosocial behavior in humans. Indeed, the study shows that subjects given Oxytocin exhibit much more trusting behavior, suggesting that OT has a direct impact on certain aspects of subjects' social preferences. Interestingly, however, although Oxytocin affects trusting behavior, it has no effect on subjects' trustworthiness.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 1641en_US
dc.subject.jelA13en_US
dc.subject.jelC90en_US
dc.subject.ddc330en_US
dc.subject.keywordsocial preferencesen_US
dc.subject.keywordfoundations of trusten_US
dc.subject.keywordneuroeconomicen_US
dc.subject.stwVertrauenen_US
dc.subject.stwSoziale Wohlfahrtsfunktionen_US
dc.subject.stwNeuroökonomieen_US
dc.titleNeuroeconomic foundations of trust and social preferencesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn497785218en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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