000 01073nam a22001457a 4500
999 _c525962
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008 240429b ||||| |||| 00| 0 eng d
100 _aCapraro, V., Halpern, J.Y. and Perc, M.
_951917
245 _aFrom outcome-based to language-based preferences
260 _aJournal of Economic Literature
300 _a62(1). Mar, 2024: p. 115-154
520 _aWe review the literature on models that try to explain human behavior in social interactions described by normal-form games with monetary payoffs. We start by covering social and moral preferences. We then focus on the growing body of research showing that people react to the language with which actions are described, especially when it activates moral concerns. We conclude by arguing that behavioral economics is in the midst of a paradigm shift toward language-based preferences, which will require an exploration of new models and experimental setups.- Reproduced https://www.aeaweb.org/articles?id=10.1257/jel.20221613
773 _aJournal of Economic Literature
906 _aLANGUAGES
942 _cAR