Showing 1 - 5 of 5
This paper investigates distributive justice using a fourfold experimental design:The ignorance and the risk scenarios … became more inequality-averse and one quarterremained unchanged as umpires. In the risk scenario, subjects become onaverage …'shypothesis, the entropy social welfare function, and randomization preferenceenjoyed impressive acceptance. For the risk scenario, the …
Persistent link: https://www.econbiz.de/10005866910
population size of eachregion. The experiment shows that centralization induces lower taxmorale and less efficient outcomes. The …
Persistent link: https://www.econbiz.de/10005866975
We examine the effects of leading by example in voluntary contributionexperiments. Leadership is implemented by letting one group membercontribute to the public good before followers do. Such leadershipincreases contributions in comparison to the standard voluntary contributionmechanism,...
Persistent link: https://www.econbiz.de/10005866642
In a stochastic duopoly market, sellers must form state-specific aspirationsexpressing how much they want to earn given their expectationsabout the other's behavior. We define individually and mutually satisficingsales behavior for given individual beliefs and aspiration profiles. In afirst...
Persistent link: https://www.econbiz.de/10005866647
Standard economic explanations of good conduct in trade rely almostexclusively on future-directed extrinsic motivations induced by materialincentives. But intrinsic motives to behave trustworthy and to punishuntrustworthiness do support trade. In our model, intrinsically motivatedplayers are...
Persistent link: https://www.econbiz.de/10005866698