Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/181332
Authors: 
Tasch, Weiwei
Houser, Daniel
Year of Publication: 
2018
Series/Report no.: 
CESifo Working Paper 7132
Abstract: 
Over the last two decades social preferences have been implicated in a wide variety of key economic behaviors. Here we investigate connections between social preferences and the demand for information about others’ economic decisions and outcomes, which we denote “social curiosity.” Our analysis is within the context of the inequality aversion model of Fehr and Schmidt (1999). Using data from laboratory experiments with sequential public goods games, we estimate social preferences at the individual level, and then correlate social preferences with one’s willingness to pay to make visible others’ contribution decisions. Our investigation enables us to shed light on how costs to knowing others’ economic decisions and outcomes impact decisions among people with different social preferences, and in particular the extent to which such costs impact the willingness for groups to cooperate.
Subjects: 
laboratory experiment
curiosity
inequality aversion
sequential public goods game
JEL: 
C91
H41
Document Type: 
Working Paper
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