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On the External Validity of Social Preference Games: A Systematic Lab-Field Study

We present a lab-field experiment designed to systematically assess the external validity of social preferences elicited in a variety of experimental games. We do this by comparing behavior in the different games with several behaviors elicited in the field and with self-reported behaviors exhibited...

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Bibliographic Details
Published in:Management science 2019-03, Vol.65 (3), p.976-1002
Main Authors: Galizzi, Matteo M, Navarro-Martinez, Daniel
Format: Article
Language:English
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Summary:We present a lab-field experiment designed to systematically assess the external validity of social preferences elicited in a variety of experimental games. We do this by comparing behavior in the different games with several behaviors elicited in the field and with self-reported behaviors exhibited in the past, using the same sample of participants. Our results show that the experimental social preference games do a poor job explaining both social behaviors in the field and social behaviors from the past. We also include a systematic review and meta-analysis of previous literature on the external validity of social preference games. Data are available at https://doi.org/10.1287/mnsc.2017.2908 . This paper was accepted by John List, behavioral economics.
ISSN:0025-1909
1526-5501
DOI:10.1287/mnsc.2017.2908