Social preferences describe the human tendency to not only care about one's own material payoff, but also the reference group's payoff or/and the intention that leads to the payoff.[1] Social preferences are studied extensively in behavioral and experimental economics and social psychology. Types of social preferences include altruism, fairness, reciprocity, and inequity aversion.[2] The field of economics originally assumed that humans were rational economic actors, and as it became apparent that this was not the case, the field began to change. The research of social preferences in economics started with lab experiments in 1980, where experimental economists found subjects' behavior deviated systematically from self-interest behavior in economic games such as ultimatum game and dictator game. These experimental findings then inspired various new economic models to characterize agent's altruism, fairness and reciprocity concern between 1990 and 2010. More recently, there are growing amounts of field experiments that study the shaping of social preference and its applications throughout society.[1][3]
^ abCarpenter, Jeffrey (2008). "Social Preferences". The New Palgrave Dictionary of Economics. pp. 1–5. doi:10.1057/978-1-349-95121-5_1974-1. ISBN 978-1-349-95121-5.
^"Social preferences". behavioraleconomics.com | The BE Hub. Retrieved 2019-11-25.
^Kianpour, Mazaher; Øverby, Harald; Kowalski, Stewart; Frantz, Christopher (2019). "Social Preferences in Decision Making Under Cybersecurity Risks and Uncertainties". HCI for Cybersecurity, Privacy and Trust. Lecture Notes in Computer Science. Vol. 11594. pp. 149–163. doi:10.1007/978-3-030-22351-9_10. hdl:11250/2651189. ISBN 978-3-030-22350-2. S2CID 197418470.
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payoff. Socialpreferences are studied extensively in behavioral and experimental economics and social psychology. Types of socialpreferences include...
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multitude of different names (e.g. socialpreferences, other-regarding preferences, welfare tradeoff ratios, social motives, etc.). The SVO construct has...
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Martin; Hohmann, Gottfried (18 December 2014). "Socialpreferences influence the short-term exchange of social grooming among male bonobos". Animal Cognition...
Preferences. Evolutionary Psychology Vol. 6 Buss, D. M., & Barnes, M. (1986). Preferences in human mate selection.Journal of Personality and Social Psychology...
distribution of a society’s private preferences, known only to individuals themselves. On socially controversial issues, preference falsification is often pervasive...
economic questions when they disregard socialpreferences, in particular, that without taking socialpreferences into account, it is not possible to understand...
Jackson, ed., 2011. Handbook of Social Economics, Elsevier: Vol. 1A: Part 1. SocialPreferences, ch. 1-11; Part 2. Social Actions, ch. 12-17. Description...
been suggested to explain why people have preferences for different colors. This is the idea that the preference for color is determined by the average affective...
news from social media. Because of recommendation algorithms that filter and display news content that matches users' political preferences, one potential...
human beings and in animals. Peer Effects in Pro-Social Behavior: Social Norms or SocialPreferences? (2013) indicated that with internal deliberation...
Inequity aversion (IA) is the preference for fairness and resistance to incidental inequalities. The social sciences that study inequity aversion include...
theory Decision making Bargaining Contracts Auctions Coordination SocialPreferences Learning Matching Field Experiments, most usually associated with...
including socialpreferences, identity and group membership, communication and beliefs, behavioral interventions, group decision-making, social networks...
Endogenous preferences are preferences that cannot be taken as given, but are affected by individual internal responses to the external state of affairs...
from the aggregation of preferences of a group of agents from a computational perspective. In particular, computational social choice is concerned with...
a set of social states by their desirability. A social welfare function takes two possible outcomes, then combines every person's preferences to determine...
voter behavior which states that if citizens in a democracy have "social" preferences for the welfare of others, the extremely low probability of a single...
Patrick W. (2013). "Contracting under Incomplete Information and SocialPreferences: An Experimental Study". The Review of Economic Studies. 80 (4): 1516–1544...
Single-peaked preferences are a class of preference relations. A group has single-peaked preferences over a set of outcomes if the outcomes can be ordered...
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