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Meritocracies aspire to reward effort and hard work but promise not to judge individuals by the circumstances they were born into. The choice to work hard is, however, often shaped by circumstances. This study investigates whether people's merit judgments are sensitive to this endogeneity of...
Persistent link: https://www.econbiz.de/10012614805
circumstances. In an experiment, US participants judge how much money workers deserve for the effort they exert. Unequal …
Persistent link: https://www.econbiz.de/10014390238
A meritocratic fairness ideal is generally believed to regard income inequality as fair if it stems from performance differentials rather than luck. In this study, we present experimental evidence showing that merit judgments are shaped by the source of performance differentials while holding...
Persistent link: https://www.econbiz.de/10013328107
Three determining factors for economic inequality are self-chosen effort, self-chosen risk, and external circumstances. The fairness people assign to inequalities due to effort and external circumstances is widely studied. Insights on the fairness of inequalities due to self-chosen effort and...
Persistent link: https://www.econbiz.de/10013252893
experiment whether peopleś fairness ideals vary with respect to changes in the order in which they undertake two allocation tasks …
Persistent link: https://www.econbiz.de/10011279775
consequences of their actions for others. We employ a laboratory experiment, using modified dictator games in which a dictator can …
Persistent link: https://www.econbiz.de/10009764955
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10013052703
Substantial evidence has accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium concepts...
Persistent link: https://www.econbiz.de/10008811006
) Procedural justice – equal treatment of all; (2) Agency – one’s ability to determine his/her income. We do this in a lab … experiment by differentially varying subjects’ ability to influence their earnings. Comparison of ex-post redistribution … decisions of total earnings under different conditions indicate both agency and procedural justice to matter for fairness …
Persistent link: https://www.econbiz.de/10014143490
experiment, participants complete real-effort tasks and then are randomly assigned a high or low pay rate per correct answer to …
Persistent link: https://www.econbiz.de/10014477403