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University of Arkansas, Fayetteville

Graduate Theses and Dissertations

2014

Economics

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Essays In Pro-Social Behavior, Joshua R. Foster Aug 2014

Essays In Pro-Social Behavior, Joshua R. Foster

Graduate Theses and Dissertations

This dissertation examines individuals' actions to improve social outcomes when unrecoverable investments are necessary. Situations involving non-pecuniary and pecuniary investments are considered. In the former, the prerequisite of real effort - a non-pecuniary, unrecoverable investment - is examined when said effort determines an individual's ability to procure their preferred social outcome. Theoretical predictions over an individual's effort provision are based on their revealed preferences for the social distribution of wealth according to the general axiom of revealed preference (GARP). Laboratory experiments reveal that individuals' effort provisions do not support the assumption of stable preferences (transitivity) of wealth distribution. Specifically, individuals …