Guilt Aversion in Economics and Psychology

Charles Bellemare, Alexander Sebald, Sigrid Suetens*

*Corresponding author for this work

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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 - Aug 2019
Externally publishedYes

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