Güth, Werner Kliemt, Hartmut Levati, Maria Vittoria
Year of Publication:
Jena Economic Research Papers No. 2008,092
Human decision making is a process guided by different and partly competing mo-tivations that can each dominate behavior and lead to different effects depending on strength and circumstances. Over-stylizing neglects such competing concerns and context-dependence, although it facilitates the emergence of elaborate general theories. We illustrate by examples from social dilemma experiments and inequality aversion theories that sweeping empirical claims should be avoided.