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Estimating social and nonsocial utility functions from ordinal data
Author(s) -
Messick David M.,
Sentis Keith P.
Publication year - 1985
Publication title -
european journal of social psychology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.609
H-Index - 111
eISSN - 1099-0992
pISSN - 0046-2772
DOI - 10.1002/ejsp.2420150403
Subject(s) - payment , psychology , function (biology) , social psychology , value (mathematics) , econometrics , statistics , economics , mathematics , finance , evolutionary biology , biology
This paper reports an experiment testing two hypotheses. The first is that the value or utility associated with a payment to one's self and a payment to a co‐worker can be represented as an additive function of a utility for own payment (nonsocial utility) and a utility for the difference between own and other's payment (social utility). The second hypothesis is that changes in the amount of work accomplished by one's self and/or the other should influence the social, but not the the nonsocial utilities. Support for both hypotheses is reported.