第13回大会プロシーディングス
Stochastic Choice and Social Preference
キーワード:
inequity aversion,
ex-ante fairness,
ex-post fairness,
preferences for randomization,
social image
2019 年 12 巻 Special_issue 号 p. S5-S8
詳細
2019 年 12 巻 Special_issue 号 p. S5-S8
This paper studies stochastic choice in social contexts, and explores the difference between inequity-averse and image-conscious preferences, in particular, shame aversion. This paper studies a class of additive perturbed utility (APU) introduced in Fudenberg et al. (2015). We find that the general class of inequity-averse preferences correspond to the case of item-invariant APU, and that image-conscious preferences correspond to the case of menu-invariant APU. Under some conditions, the difference between inequity aversion and shame aversion is discussed through the violation of Regularity, one of the most well-known properties of stochastic choice.
