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Erscheinungsjahr: 
2012
Schriftenreihe/Nr.: 
Working Paper No. 70
Verlag: 
University of Zurich, Department of Economics, Zurich
Zusammenfassung: 
This study compares individual preferences across incentives (i.e., hypothetical vs. real incentives) and over time (i.e. elicitation at two different points in time) in a choice experiment involving charitable donating decisions. We provide evidence of hypothetical bias but little evidence of instability of individual giving. There is significant heterogeneity in individual preferences, with real incentives either dampening or pronouncing the observed donating behaviour. Neither hypothetical bias nor instability is observed when we examine the propensity of individuals to make internally consistent decisions over identical choices.
Schlagwörter: 
individual preference
hypothetical bias
time inconsistency
discrete choice experiments
charitable donations
JEL: 
C91
D11
D91
H40
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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