Breitmoser, Yves (2010): Structural modeling of altruistic giving.
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The paper analyzes econometric models of altruistic giving in dictator and public goods games. Using existing data sets, I evaluate internal and external validity of "atheoretic" regression models as well as structural models of random behavior, random coefficients, and random utility, controlling for subject heterogeneity by finite mixture modeling. In dictator games, atheoretic regression lacks external validity, while random coefficient models and random utility models offer high degrees of both internal and external validity. In public goods games, regression works comparably well, being bettered only by random utility models. Overall, the ordered GEV model of random utility is most appropriate to describe choices in the considered games.
|Item Type:||MPRA Paper|
|Original Title:||Structural modeling of altruistic giving|
|Keywords:||structural modeling; altruism; dictator game; public goods; ordered choice sets|
|Subjects:||C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C50 - General
C - Mathematical and Quantitative Methods > C4 - Econometric and Statistical Methods: Special Topics > C44 - Operations Research ; Statistical Decision Theory
D - Microeconomics > D6 - Welfare Economics > D64 - Altruism ; Philanthropy
C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory > C72 - Noncooperative Games
|Depositing User:||Yves Breitmoser|
|Date Deposited:||06. Aug 2010 10:05|
|Last Modified:||30. Dec 2015 17:26|
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