4.4 Article

Giving it now or later: Altruism and discounting

Journal

ECONOMICS LETTERS
Volume 102, Issue 3, Pages 152-154

Publisher

ELSEVIER SCIENCE SA
DOI: 10.1016/j.econlet.2008.12.005

Keywords

Altruism; Discounting; Dictator game; Intertemporal choice

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Postponing payments in the Dictator game, subjects allocate future payments between themselves and others. Since both payoffs of Dictators and Receivers are delayed equally, standard intertemporal utility maximization predicts no effect. Nevertheless, we observe negative effect of time on altruism. (C) 2008 Elsevier B.V. All rights reserved.

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