Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/33341 
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dc.contributor.authorFehr, Ernsten
dc.contributor.authorFischbacher, Ursen
dc.contributor.authorKosfeld, Michaelen
dc.date.accessioned2005-09-05-
dc.date.accessioned2010-07-07T09:10:32Z-
dc.date.available2010-07-07T09:10:32Z-
dc.date.issued2005-
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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x1641en
dc.subject.jelA13en
dc.subject.jelC90en
dc.subject.ddc330en
dc.subject.keywordsocial preferencesen
dc.subject.keywordfoundations of trusten
dc.subject.keywordneuroeconomicen
dc.subject.stwVertrauenen
dc.subject.stwSoziale Wohlfahrtsfunktionen
dc.subject.stwNeuroökonomieen
dc.titleNeuroeconomic foundations of trust and social preferences-
dc.type|aWorking Paperen
dc.identifier.ppn497785218en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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