Showing 1 - 10 of 748
People's fairness preferences are an important constraint for what constitutes an acceptable economic transaction, yet … play an important role in shaping perceptions of fairness. Buyers used to high market prices, for example, are more likely …-dependent fairness preferences--either based on endogenous fairness reference points or based on shifts in salience--that can account for …
Persistent link: https://www.econbiz.de/10012455952
for instrumental purposes. We then present an experiment that tests these ideas in the laboratory and finds support for …
Persistent link: https://www.econbiz.de/10012481495
We conduct a lab-in-the-field experiment to identify parents' preferences for investing in their children. The … experiment exogenously varied the short-run returns to educational investments to identify how much parents care about maximizing …
Persistent link: https://www.econbiz.de/10012479256
In settings with uncertainty, tension exists between ex ante and ex post notions of fairness (e.g., equal opportunity … versus equal outcomes). In a laboratory experiment, the most common behavioral pattern is for subjects to select the ex ante … explanations by examining contingent planning and the demand for commitment. While the population appears to be heterogeneous, our …
Persistent link: https://www.econbiz.de/10012480908
We present a dictator game experiment where the recipients are local charities that serve the poor. Donors consist of … respondents an audiovisual presentation about the recipients. The experiment yields three main findings. First, we find …
Persistent link: https://www.econbiz.de/10012463585
Since formal rules can only partially reduce opportunistic behavior, third-party sanctioning to promote fairness is … business and not snitch on others. In a set of fairness games where a third party can punish unfair behavior, but players can …
Persistent link: https://www.econbiz.de/10014635680
groups perceive a particular exchange as fair. We investigate racial differences in fairness standards using preferences for …
Persistent link: https://www.econbiz.de/10012461560
What is inequality in health? Are economists' standard tools for measuring income inequality relevant or useful for measuring it? Does income protect health and does income inequality endanger it? I discuss two different concepts of health inequality and relate each of them to the literature on...
Persistent link: https://www.econbiz.de/10012471653
Algorithms (in some form) are already widely used in the criminal justice system. We draw lessons from this experience …
Persistent link: https://www.econbiz.de/10012629487
effect is driven by comparisons with higher-paid peers--suggesting concerns about fairness. Separations appear fairly …
Persistent link: https://www.econbiz.de/10012480561