Guilt Aversion in Economics and Psychology

Charles Bellemare, A. Sebald, Sigrid Suetens

Research output: Working paperDiscussion paperOther research output

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Abstract

We investigate whether the concept of guilt aversion in economics is related to the psychological characterization of the same phenomenon. For trust games and dictator games we report correlations between the guilt sensitivity measured within a framework of psychological games most common in economics and the guilt sensitivity measured using a questionnaire common in psychology (TOSCA-3). We find that the two measures correlate well and significantly in the two settings.
Original languageEnglish
Place of PublicationTilburg
PublisherCentER, Center for Economic Research
Number of pages39
Volume2019-017
Publication statusPublished - 13 May 2019

Publication series

NameCentER Discussion Paper
Volume2019-017

Fingerprint

Guilt
Psychological
Guilt aversion
Economics
Psychology and economics
Trust game
Psychology
Dictator game
Correlates
Questionnaire

Keywords

  • guilt sensitivity
  • psychological game theory
  • TOSCA
  • laboratory experiment
  • guilt aversion

Cite this

Bellemare, C., Sebald, A., & Suetens, S. (2019). Guilt Aversion in Economics and Psychology. (CentER Discussion Paper; Vol. 2019-017). Tilburg: CentER, Center for Economic Research.
Bellemare, Charles ; Sebald, A. ; Suetens, Sigrid. / Guilt Aversion in Economics and Psychology. Tilburg : CentER, Center for Economic Research, 2019. (CentER Discussion Paper).
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Bellemare, C, Sebald, A & Suetens, S 2019 'Guilt Aversion in Economics and Psychology' CentER Discussion Paper, vol. 2019-017, CentER, Center for Economic Research, Tilburg.

Guilt Aversion in Economics and Psychology. / Bellemare, Charles; Sebald, A.; Suetens, Sigrid.

Tilburg : CentER, Center for Economic Research, 2019. (CentER Discussion Paper; Vol. 2019-017).

Research output: Working paperDiscussion paperOther research output

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N2 - We investigate whether the concept of guilt aversion in economics is related to the psychological characterization of the same phenomenon. For trust games and dictator games we report correlations between the guilt sensitivity measured within a framework of psychological games most common in economics and the guilt sensitivity measured using a questionnaire common in psychology (TOSCA-3). We find that the two measures correlate well and significantly in the two settings.

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PB - CentER, Center for Economic Research

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Bellemare C, Sebald A, Suetens S. Guilt Aversion in Economics and Psychology. Tilburg: CentER, Center for Economic Research. 2019 May 13. (CentER Discussion Paper).