Intertemporal Altruism
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Intertemporal Altruism. / Chopra, Felix; Falk, Armin; Graeber, Thomas.
In: American Economic Journal: Microeconomics, Vol. 16, No. 1, 02.2024, p. 329-57.Research output: Contribution to journal › Journal article › Research › peer-review
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TY - JOUR
T1 - Intertemporal Altruism
AU - Chopra, Felix
AU - Falk, Armin
AU - Graeber, Thomas
PY - 2024/2
Y1 - 2024/2
N2 - Most prosocial decisions involve intertemporal tradeoffs. Yet, the timing of prosocial utility flows is ambiguous and bypassed by most models of other-regarding preferences. We study the behavioral implications of the time structure of prosocial utility, leveraging a conceptual distinction between consequence-dated and choice-dated utility flows. We conduct a high-stakes donation experiment that comprehensively characterizes discounting behavior in self-other tradeoffs and allows us to identify different prosocialmotives fromtheir distinct time profiles. Our data can only be explained by a combination of choice- and consequencedated prosocial utility. Both motives are pervasive and negatively correlated at the individual level.
AB - Most prosocial decisions involve intertemporal tradeoffs. Yet, the timing of prosocial utility flows is ambiguous and bypassed by most models of other-regarding preferences. We study the behavioral implications of the time structure of prosocial utility, leveraging a conceptual distinction between consequence-dated and choice-dated utility flows. We conduct a high-stakes donation experiment that comprehensively characterizes discounting behavior in self-other tradeoffs and allows us to identify different prosocialmotives fromtheir distinct time profiles. Our data can only be explained by a combination of choice- and consequencedated prosocial utility. Both motives are pervasive and negatively correlated at the individual level.
M3 - Journal article
VL - 16
SP - 329
EP - 357
JO - American Economic Journal: Microeconomics
JF - American Economic Journal: Microeconomics
SN - 1945-7669
IS - 1
ER -
ID: 373549674