Guilt aversion in economics and psychology

Charles Bellemare, Alexander Christopher Sebald, Sigrid Suetens*

*Corresponding author for this work
    2 Citations (Scopus)

    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
    JournalJournal of Economic Psychology
    Volume73
    Pages (from-to)52-59
    Number of pages8
    ISSN0167-4870
    DOIs
    Publication statusPublished - 1 Aug 2019

    Keywords

    • Guilt aversion
    • Guilt sensitivity
    • Laboratory experiment
    • Psychological game theory
    • TOSCA

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