Are people ethical? An experimental approach

Do ethical motivations and attitudes affect behaviour? We examine this issue in six Prisoner´s Dilemma and Prisoner´s Dilemma related games using an online experiment where individuals were asked to make choices and subsequently to express the motivations for their choices and their general attitudes. The experimental evidence of 1,701 students suggests that the motivations and attitudes of respondents regarding altruism, inequality aversion, reciprocity and aversion to lying are important for determining economic choices as well as self-interest. Econometric analysis of the choice to share indicates that ethical and self-interested motives are more important for determining choices than personal characteristics.