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Cettolin, Elena - 2016

Uncertain outcomes are an inevitable feature of policy choices and their public support often depends on their perceived justice. Surprisingly little is known about how people perceive justice under uncertainty. We theoretically and experimentally explore just allocations of resources when...

Persistent link: https://www.econbiz.de/10013006995

Justice Under Uncertainty

Cettolin, Elena; Riedl, Arno - 2021

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/10013315740

Still in search of the sunk cost bias

Negrini, Marcello; Riedl, Arno; Wibral, Matthias - 2020

Evidence from hypothetical scenarios strongly suggests the existence of a sunk cost bias, the tendency to ‘throw good money after bad money.’ However, the few studies using incentives are inconclusive. In addition, evidence on potential psychological channels underlying such a bias is...

Persistent link: https://www.econbiz.de/10012299784

Giving in the face of risk

Cettolin, Elena; Riedl, Arno; Tran, Giang - 2016

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

Gift exchange and reciprocity in competitive experimental markets

Fehr, Ernst; Kirchsteiger, Georg; Riedl, Arno - 1995

experiments ruled out gift exchange or reciprocity motives, that is, subjects could not reciprocate for a gift. This paper reports … results indicate that reciprocity motives may indeed be capable of driving a competitive experimental market permanently away … unemployment. -- gift exchange ; reciprocity ; experiments …

Persistent link: https://www.econbiz.de/10009693902

Moral Property Rights in Bargaining with Infeasible Claims

Gächter, Simon; Riedl, Arno - 2003

In many business transactions, in labor-management relations, in internationalconflicts, and welfare state reforms bargainers hold strong entitlements that are oftengenerated by claims that are not feasible any more. These entitlements seem to considerablyshape negotiation behavior. By using the...

Persistent link: https://www.econbiz.de/10010324824

Preferences for redistribution and pensions: What can we learn from experiments?

Tausch, Franziska; Potters, Jan; Riedl, Arno - 2010

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

Preferences for redistribution and pensions : what can we learn from experiments?

Tausch, Franziska; Potters, Jan; Riedl, Arno - 2010

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

Preferences for redistribution and pensions : what can we learn from experiments?

Tausch, Franziska; Potters, Jan; Riedl, Arno - 2010

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

Preferences for Redistribution and Pensions : What Can We Learn from Experiments?

Tausch, Franziska - 2010

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