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~institution:"Graduate School of Economics, Kyoto University"
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Fairness Ideals
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Cognitive Dissonance
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Economic Experiment
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Economic Experiments
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Functional Income Distribution
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Hidden Selfishness
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Opportunistic Behavior
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Opportunistic Behavior Economic experiments have shown that human incentives are not only limited to the profit-maximizing principle but also motivated by fairness. Those studies presuppose that individuals commit to fixed value systems and that experimental institutions invoke fairness ideals. This paper shows that participants strategically select fairness ideals advantageous for self-distribution. Participants whose relative earnings are higher than those of their pairs adhere to a liberalist fairness ideal
1
wage gap
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whereas those with lower relative earnings prefer an egalitarian distribution of money. This reflects that individuals commit opportunistic behavior as a result of resolving a cognitive dissonance between material utility and fairness
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Tokumaru, Natsuka
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Uni, Hiroyuki
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Graduate School of Economics, Kyoto University
Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
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Department of Economics, University of Hawaii-Manoa
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Departamento de Teoría e Historia Económica, Facultad de Ciencias Económicas y Empresariales
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Australian Agricultural and Resource Economics Society - AARES
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Estructura de Recerca Interdisciplinar Comportament Econòmic i Social (ERI-CES), Universidad de València
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Institut für Finanzwissenschaft, Fakultät für Volkswirtschaft und Statistik
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Institutt for Økonomi, Universitetet i Bergen
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School of Agricultural and Resource Economics, University of Western Australia
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School of Economics and Management, Kochi University of Technology
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School of Economics, Faculty of Arts and Social Sciences
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Wirtschaftswissenschaftliche Fakultät, Friedrich-Schiller-Universität Jena
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C.E.P.R. Discussion Papers
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C.V. Starr Center for Applied Economics, Department of Economics
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CER-ETH Center of Economic Research, Department of Management, Technology and Economics (D-MTEC)
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Center for Economic Institutions, Institute of Economic Research
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Centre for the Study of African Economies (CSAE), Department of Economics
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Centro Studi di Economia e Finanza (CSEF)
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Departament d'Economia, Universitat Jaume I
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Department of Economics, Bar Ilan University
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Fachbereich Wirtschaftswissenschaften, Universität Duisburg-Essen
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General Directorate Taxation and Custom Union, European Commission
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Graduate School of International Relations, International University of Japan
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Institut ekonomických studií, Univerzita Karlova v Praze
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Institut für Agrarökonomie, Georg-August-Universität Göttingen
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Institute for the Study of Labor (IZA)
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Research on Innovation
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The Field Experiments Website
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University of Hawai'i Economic Research Organization (UHERO), University of Hawaii-Manoa
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Fair Shares between Worker and Investor:
Economic
Experiments
on Functional Income Distribution
Tokumaru, Natsuka
;
Uni, Hiroyuki
-
Graduate School of Economics, Kyoto University
-
2015
we have performed
economic
experiments
, consisting of investment stage, production stage and distribution stage and …
Persistent link: https://www.econbiz.de/10011267806
Saved in:
2
Fairness Ideals, Hidden Selfishness and Opportunist Behavior:An Experimental Approach
Tokumaru, Natsuka
-
Graduate School of Economics, Kyoto University
-
2014
Economic
experiments
have shown that human incentives are not only limited to the profit-maximizing principle but also …
Persistent link: https://www.econbiz.de/10010890890
Saved in:
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