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    Rights statement: This is the peer reviewed version of the following article: Costa‐Gomes, M. A., Ju, Y. and Li, J. (2018), ROLE‐REVERSAL CONSISTENCY: AN EXPERIMENTAL STUDY OF THE GOLDEN RULE. Econ Inq. . doi:10.1111/ecin.12708 which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/ecin.12708 This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.

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Role-Reversal Consistency: An Experimental Study of the Golden Rule

Research output: Contribution to Journal/Magazine › Journal article › peer-review

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Role-Reversal Consistency: An Experimental Study of the Golden Rule. / Costa-Gomes, Miguel A.; Ju, Yuan; Li, Jiawen.
In: Economic Inquiry, Vol. 57, No. 1, 01.2019, p. 685-704.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Costa-Gomes, MA, Ju, Y & Li, J 2019, 'Role-Reversal Consistency: An Experimental Study of the Golden Rule', Economic Inquiry, vol. 57, no. 1, pp. 685-704. https://doi.org/10.1111/ecin.12708

APA

Costa-Gomes, M. A., Ju, Y., & Li, J. (2019). Role-Reversal Consistency: An Experimental Study of the Golden Rule. Economic Inquiry, 57(1), 685-704. https://doi.org/10.1111/ecin.12708

Vancouver

Costa-Gomes MA, Ju Y, Li J. Role-Reversal Consistency: An Experimental Study of the Golden Rule. Economic Inquiry. 2019 Jan;57(1):685-704. Epub 2018 Aug 31. doi: 10.1111/ecin.12708

Author

Costa-Gomes, Miguel A. ; Ju, Yuan ; Li, Jiawen. / Role-Reversal Consistency : An Experimental Study of the Golden Rule. In: Economic Inquiry. 2019 ; Vol. 57, No. 1. pp. 685-704.

Bibtex

@article{019006194da049908473c351dbffe76b,
title = "Role-Reversal Consistency: An Experimental Study of the Golden Rule",
abstract = "We report an experiment that asks whether people in a strategic situation behave according to the Golden Rule, that is, do not treat others in ways that they find disagreeable to themselves, a property that we call role‐reversal consistency. Overall, we find that over three quarters of the subjects are role‐reversal consistent. Regression analysis suggests that this finding is not driven by players maximizing their subjective expected monetary earnings given their stated beliefs about their opponents' behavior. We find that subjects' stated beliefs and actions reveal mild projection bias. (JEL C78, C91)",
author = "Costa-Gomes, {Miguel A.} and Yuan Ju and Jiawen Li",
note = "This is the peer reviewed version of the following article: Costa‐Gomes, M. A., Ju, Y. and Li, J. (2018), ROLE‐REVERSAL CONSISTENCY: AN EXPERIMENTAL STUDY OF THE GOLDEN RULE. Econ Inq. . doi:10.1111/ecin.12708 which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/ecin.12708 This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.",
year = "2019",
month = jan,
doi = "10.1111/ecin.12708",
language = "English",
volume = "57",
pages = "685--704",
journal = "Economic Inquiry",
issn = "0095-2583",
publisher = "Wiley-Blackwell",
number = "1",

}

RIS

TY - JOUR

T1 - Role-Reversal Consistency

T2 - An Experimental Study of the Golden Rule

AU - Costa-Gomes, Miguel A.

AU - Ju, Yuan

AU - Li, Jiawen

N1 - This is the peer reviewed version of the following article: Costa‐Gomes, M. A., Ju, Y. and Li, J. (2018), ROLE‐REVERSAL CONSISTENCY: AN EXPERIMENTAL STUDY OF THE GOLDEN RULE. Econ Inq. . doi:10.1111/ecin.12708 which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/ecin.12708 This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.

PY - 2019/1

Y1 - 2019/1

N2 - We report an experiment that asks whether people in a strategic situation behave according to the Golden Rule, that is, do not treat others in ways that they find disagreeable to themselves, a property that we call role‐reversal consistency. Overall, we find that over three quarters of the subjects are role‐reversal consistent. Regression analysis suggests that this finding is not driven by players maximizing their subjective expected monetary earnings given their stated beliefs about their opponents' behavior. We find that subjects' stated beliefs and actions reveal mild projection bias. (JEL C78, C91)

AB - We report an experiment that asks whether people in a strategic situation behave according to the Golden Rule, that is, do not treat others in ways that they find disagreeable to themselves, a property that we call role‐reversal consistency. Overall, we find that over three quarters of the subjects are role‐reversal consistent. Regression analysis suggests that this finding is not driven by players maximizing their subjective expected monetary earnings given their stated beliefs about their opponents' behavior. We find that subjects' stated beliefs and actions reveal mild projection bias. (JEL C78, C91)

U2 - 10.1111/ecin.12708

DO - 10.1111/ecin.12708

M3 - Journal article

VL - 57

SP - 685

EP - 704

JO - Economic Inquiry

JF - Economic Inquiry

SN - 0095-2583

IS - 1

ER -