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Social Norms, Endogenous Sorting and the Culture of Cooperation
Fehr, Ernst; Williams, Tony - 2018
preferred by the people. Here, we show that welfare-enhancing peer sanctioning without much need for costly punishment emerges …
Persistent link: https://www.econbiz.de/10011872060
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Does Market Interaction Erode Moral Values?
Özdemir, Yagiz - 2020
The widespread use of markets leads to unprecedented material well-being in many societies. We study whether market interaction, as a side effect, erodes moral values. An encompassing understanding of the virtues and vices of markets, including their possible impact on moral values, is necessary...
Persistent link: https://www.econbiz.de/10012823552
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Fairness and the optimal allocation of ownership rights
Fehr, Ernst; Kremhelmer, Susanne; Schmidt, Klaus M. - 2005
We report on several experiments on the optimal allocation of ownership rights. The experiments confirm the property rights approach by showing that the ownership structure affects relationship-specific investments and that subjects attain the most efficient ownership allocation despite starting...
Persistent link: https://www.econbiz.de/10010261192
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Contracts, fairness, and incentives
Fehr, Ernst; Klein, Alexander; Schmidt, Klaus M. - 2004
We show experimentally that fairness concerns may have a decisive impact on both the actual and the optimal choice of … inferior when some agents value fairness. Conversely, implicit bonus contracts that are doomed to fail among purely selfish … recently developed theories of fairness, which also offer interesting new insights into the interaction of contract choices …
Persistent link: https://www.econbiz.de/10010261212
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The Missing Type: Where Are the Inequality Averse (Students)?
Epper, Thomas; Senn, Julien; Fehr, Ernst - 2024
The empirical evidence on the existence of social preferences—or lack thereof—is predominantly based on student samples. Yet, knowledge about whether these findings can be extended to the general population is still scarce. In this paper, we compare the distribution of social preferences in...
Persistent link: https://www.econbiz.de/10014534420
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Populism and Social Polarization in European Democracies
Ginsburgh, Victor; Perelman, Sergio; Pestieau, Pierre - 2020
The objective of this paper is to explain populist attitudes that are prevailing in a number of European democracies. Populist attitudes expectedly lead to social protests and populist votes. We capture the populist wave by relying not on voting behavior but rather on values that are...
Persistent link: https://www.econbiz.de/10012269528
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Does Market Interaction Erode Moral Values?
Bartling, Björn; Fehr, Ernst; Özdemir, Yagiz - 2020
The widespread use of markets leads to unprecedented material well-being in many societies. We study whether market interaction, as a side effect, erodes moral values. An encompassing understanding of the virtues and vices of markets, including their possible impact on moral values, is necessary...
Persistent link: https://www.econbiz.de/10012314833
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The Fundamental Properties, Stability and Predictive Power of Distributional Preferences
Fehr, Ernst; Epper, Thomas; Senn, Julien - 2023
Parsimony is a desirable feature of economic models but almost all human behaviors are characterized by vast individual variation that appears to defy parsimony. How much parsimony do we need to give up to capture the fundamental aspects of a population's distributional preferences and to...
Persistent link: https://www.econbiz.de/10014469617
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Premature Deaths, Accidental Bequests and Fairness
Fleurbaey, Marc; Leroux, Marie-Louise; Pestieau, Pierre; … - 2017
, whereas the conventional 100 % tax view holds under the standard utilitarian social welfare criterion, it does not hold under … the ex post egalitarian criterion, which assigns a strong weight to the welfare of unlucky short-lived individuals. From …
Persistent link: https://www.econbiz.de/10011794141
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Populism and Social Polarization in European Democracies
Ginsburgh, Victor - 2020
The objective of this paper is to explain populist attitudes that are prevailing in a number of European democracies. Populist attitudes expectedly lead to social protests and populist votes. We capture the populist wave by relying not on voting behavior but rather on values that are...
Persistent link: https://www.econbiz.de/10012826060