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An important element for the public support of policies is their perceived justice. At the same time most policy choices have uncertain outcomes. We report the results of a first experiment investigating just allocations of resources when some recipients are exposed to uncertainty. Although,...
Persistent link: https://www.econbiz.de/10009766681
correlated with giving in the absence of risk. We find limited support for existing models of ex-post and ex-ante fairness. Our …
Persistent link: https://www.econbiz.de/10011565561
they argue for or against mandatory participation? Should we have less redistribution and more actuarial fairness? How does …
Persistent link: https://www.econbiz.de/10010270867
they argue for or against mandatory participation? Should we have less redistribution and more actuarial fairness? How does … this depend on the type of redistribution involved? -- redistribution ; fairness ; pension ; insurance ; experiment …
Persistent link: https://www.econbiz.de/10008780004
they argue for or against mandatory participation? Should we have less redistribution and more actuarial fairness? How does … this depend on the type of redistribution involved?. -- redistribution ; fairness ; pension ; insurance ; experiment …
Persistent link: https://www.econbiz.de/10008653416
they argue for or against mandatory participation? Should we have less redistribution and more actuarial fairness? How does …
Persistent link: https://www.econbiz.de/10013139713
the achievement of their (income) goals. Experiments show that behavioral factors such as trust and reciprocity play a … example, do they argue for or against mandatory participation? Should we have less redistribution and more actuarial fairness …
Persistent link: https://www.econbiz.de/10013316175
Persistent link: https://www.econbiz.de/10009781930
The completeness axiom of choice has been questioned for long, and in response, theoretical models of decision making allowing for incomplete preferences have been developed. So far the theoretical accomplishments have however not been paired with empirical evidence on the actual existence of...
Persistent link: https://www.econbiz.de/10010519933
We present a set of experiments testing for incomplete preferences due to uncertainty. In a first experiment, we observe that approximately half of the participants exhibit a choice pattern inconsistent with models assuming complete preferences and Certainty Independence (CI). To understand...
Persistent link: https://www.econbiz.de/10012903069