Trust, happiness, and pro-social behavior
Series
Grantham Research Institute on Climate Change and the Environment Working Paper
Type
working paper
Date Issued
2020-09
Author(s)
Abstract (De)
This paper combines several large-scale surveys with different identification strategies to shed new light on the determinants of cooperative behavior. We provide evidence indicating that the well-being maximizing level of trust is above the income maximizing
level. Higher trust is also linked to more cooperative and pro-social behaviors, including the private provision of global public goods such as climate change mitigation. Consistent with “warm glow” theories of pro-social behavior, our results show that individuals may enjoy being more cooperative than what would lead them to maximize their income, which is reflected in higher levels of well-being.
level. Higher trust is also linked to more cooperative and pro-social behaviors, including the private provision of global public goods such as climate change mitigation. Consistent with “warm glow” theories of pro-social behavior, our results show that individuals may enjoy being more cooperative than what would lead them to maximize their income, which is reflected in higher levels of well-being.
Language
English
Publisher place
London
Number
347
Pages
103
Subject(s)
Eprints ID
266848
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Name
working-paper-347-Carattini-Roesti(1).pdf
Size
1.63 MB
Format
Adobe PDF
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