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dc.contributor.authorGächter, Simonen_US
dc.contributor.authorNosenzo, Danieleen_US
dc.contributor.authorSefton, Martinen_US
dc.date.accessioned2011-09-26T13:24:26Z-
dc.date.available2011-09-26T13:24:26Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/49694-
dc.description.abstractWe compare social preference and social norm based explanations for peer effects in a threeperson gift-exchange game experiment. In the experiment a principal pays a wage to each of two agents, who then make effort choices sequentially. We find that both agents supply more effort in response to a higher own wage, even though supplying minimal effort maximizes own-earnings. In our baseline treatment we observe that the second agent's effort is influenced by the effort choice of the first agent, even though there are no material spillovers between agents. This peer effect is consistent with inequity aversion and we also show, by conducting an experiment to measure social norms, that it is consistent with social norm compliance. We design a second treatment where social norm compliance, but not inequity aversion, predicts this peer effect. In this treatment we do not observe peer effects. Our results suggest that, in our context, inequity aversion provides a parsimonious explanation for observed peer effects.en_US
dc.language.isoengen_US
dc.publisherCEDEX Nottinghamen_US
dc.relation.ispartofseriesCeDEx discussion paper series 2010-23en_US
dc.subject.jelA13en_US
dc.subject.jelC92en_US
dc.subject.ddc330en_US
dc.subject.keywordpeer effectsen_US
dc.subject.keywordsocial influenceen_US
dc.subject.keywordgift-exchangeen_US
dc.subject.keywordexperimenten_US
dc.subject.keywordsocial preferencesen_US
dc.subject.keywordinequity aversionen_US
dc.subject.keywordmeasuring social normsen_US
dc.titlePeer effects in pro-social behavior: social norms or social preferences?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn655717994en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:CeDEx Discussion Paper Series, The University of Nottingham

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