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Yours, Mine, and Ours: The Effect of Ersatz Property Rights on Outcome Based Fairness and Reciprocity.

Oxoby, Robert J.; Spraggon, John - Volkswirtschaftliche Fakultät, … - 2004

We report laboratory data on earned wealth effects in a series of anonymous dictator games. In addition to a standard (baseline) treatment in which wealth was determined by the experimenter, we conduct treatments in which either the dictator or the receiver earned wealth used in the subsequent...

Persistent link: https://www.econbiz.de/10005836258

Net-Loss Reciprocation and the Context Dependency of Economic Choices

König, Clemens - Volkswirtschaftliche Fakultät, … - 2013

This paper proposes a novel explanation for the context dependency of individual choices in two-player games. Context dependency refers to the well-established phenomenon that a player, when choosing from a given opportunity set created by the other player’s strategy, chooses differently in...

Persistent link: https://www.econbiz.de/10011210866

Epistemic Conditions and Social Preferences in Trust Games

Gillies, Anthony S; Rigdon, Mary L - Volkswirtschaftliche Fakultät, … - 2008

It is well-known that subjects in bilateral bargaining experiments often exhibit choice behavior suggesting there are strong reciprocators in the population. But it is controversial whether explaining this data requires a social preference model that invokes genuine strong reciprocity or whether...

Persistent link: https://www.econbiz.de/10005835687

Minimal Social Cues in the Dictator Game

Rigdon, Mary; Ishii, Keiko; Watabe, Motoki; Kitayama, … - Volkswirtschaftliche Fakultät, … - 2008

This paper reports results of an incentivized laboratory experiment manipulating an extremely weak social cue in the Dictator Game. Prior to making their decision, we present dictators with a simple visual stimlulus: either three dots in a “watching-eyes” conﬁguration, or three dots in a...

Persistent link: https://www.econbiz.de/10005621662

From the lab to the field: envelopes, dictators and manners

Stoop, Jan - Volkswirtschaftliche Fakultät, … - 2012

Results are reported of the first natural field experiment on the dictator game, where subjects are unaware that they participate in an experiment. In contrast to predictions of the standard economic model, dictators show a large degree of pro-social behavior. This paper builds a bridge from the...

Persistent link: https://www.econbiz.de/10009652044

Fairness, Adverse Selection, and Employment Contracts

Siemens, Ferdinand von - Volkswirtschaftliche Fakultät, … - 2005

extent of their fairness concerns. Fairness is modelled as inequity aversion, where fair-minded workers suffer if their … colleagues get more income net of production costs. Screening workers with equal productivity but different fairness concerns is … the fraction of fair-minded workers. As a result, fairness might influence the employment contracts of all workers …

Persistent link: https://www.econbiz.de/10005785856

Bargaining under Incomplete Information, Fairness, and the Hold-Up Problem

Siemens, Ferdinand von - Volkswirtschaftliche Fakultät, … - 2005

In the hold-up problem incomplete contracts cause the proceeds of relation-specific investments to be allocated by ex-post bargaining. The present paper investigates the efficiency of incomplete contracts if individuals have heterogeneous preferences implying heterogeneous bargaining behavior...

Persistent link: https://www.econbiz.de/10005785933

Bargaining under Incomplete Information, Fairness, and the Hold-Up Problem

Siemens, Ferdinand von - Volkswirtschaftliche Fakultät, … - 2005

In the hold-up problem incomplete contracts cause the proceeds of relation specific investments to be allocated by ex-post bargaining. The present paper investigates the efficiency of incomplete contracts if individuals have heterogeneous preferences implying heterogeneous bargaining behavior...

Persistent link: https://www.econbiz.de/10005187303

Fairness, Adverse Selection, and Employment Contracts

Siemens, Ferdinand von - Volkswirtschaftliche Fakultät, … - 2005

Persistent link: https://www.econbiz.de/10005649802

Us and Them: Distributional Preferences in Small and Large Groups

Schumacher, Heiner; Kesternich, Iris; Kosfeld, Michael; … - Volkswirtschaftliche Fakultät, … - 2014

We analyze distributional preferences in games in which a decider chooses the provision of a good that benefits a receiver and creates costs for a group of payers. The average decider takes into account the welfare of all parties and has concerns for efficiency. However, she attaches similar...

Persistent link: https://www.econbiz.de/10010734924

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