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Ahrens, Steffen; Snower, Dennis J. - 2012

We incorporate inequity aversion into an otherwise standard New Keynesian dynamic equilibrium model with Calvo wage contracts and positive inflation. Workers with relatively low incomes experience envy, whereas those with relatively high incomes experience guilt. The former seek to raise their...

Persistent link: https://www.econbiz.de/10010286313

The Roots of Cooperation

Bašic, Zvonimir; Bindra, Parampreet Christopher; … - 2021

We study the development of cooperation in 929 young children, aged 3 to 6. In a unified experimental framework, we examine pre-registered hypotheses about which of three fundamental pillars of human cooperation – direct and indirect reciprocity, and third-party punishment – emerges earliest...

Persistent link: https://www.econbiz.de/10012799704

Security of property as a public good: Institutions, socio-political environment and experimental behavior in five countries

Campos-Ortiz, Francisco; Putterman, Louis; Ahn, T. K.; … - 2012

We study experimentally the protection of property in five widely distinct countries- Austria, Mexico, Mongolia, South Korea and the United States. Our main results are that the security of property varies with experimental institutions, and that our subject pools exhibit significantly different...

Persistent link: https://www.econbiz.de/10010290765

The Roots of Cooperation

Basic, Zvonimir; Bindra, Parampreet Christopher; … - 2021

Understanding the roots of human cooperation among strangers is of great importance for solving pressing social dilemmas and maintening public goods in human societies. We study the development of cooperation in 929 young children, aged 3 to 6. In a unified experimental framework, we examine...

Persistent link: https://www.econbiz.de/10012599232

The Roots of Cooperation

Bašić, Zvonimir; Glätzle-Rützle, Daniela; Sutter, … - 2021

Understanding the roots of human cooperation among strangers is of great importance for solving pressing social dilemmas and maintaining public goods in human societies. We study the development of cooperation in 929 young children, aged 3 to 6. In a unified experimental framework, we examine...

Persistent link: https://www.econbiz.de/10013222197

The Roots of Cooperation

Bašić, Zvonimir; Bindra, Parampreet Christopher; … - 2021

Persistent link: https://www.econbiz.de/10013314674

Too Lucky to be True - Fairness Views under the Shadow of Cheating

Bortolotti, Stefania; Soraperra, Ivan; Sutter, Matthias; … - 2017

inequality, such as differences in effort, luck, or opportunities. We study how fairness views and the extent of redistribution … outcome. Although third parties cannot verify cheating, we find that the mere suspicion of cheating changes fairness views of ….e., participants who never redistribute. Without cheating opportunities, libertarian fairness views dominate, while egalitarian views …

Persistent link: https://www.econbiz.de/10011698730

Diagnostic Uncertainty and Insurance Coverage in Credence Goods Markets

Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2020

net effect on welfare. In the experiment, the net effect of insurance coverage on efficiency turns out to be positive. We …

Persistent link: https://www.econbiz.de/10012425587

The development of egalitarianism, altruism, spite and parochialism in childhood and adolescence

Fehr, Ernst; Rützler, Daniela; Sutter, Matthias - 2011

We study how the distribution of other-regarding preferences develops with age. Based on a set of allocation choices, we can classify each of 717 subjects, aged 8 to 17 years, as either egalitarian, altruistic, or spiteful. Varying the allocation recipient as either an in-group or an out-group...

Persistent link: https://www.econbiz.de/10010274872

Measuring Indirect Effects of Unfair Employer Behavior on Worker Productivity - A Field Experiment

Heinz, Matthias; Jeworrek, Sabrina; Mertins, Vanessa; … - 2017

We present a field experiment in which we set up a call-center to study how the productivity of workers is affected if managers treat their co-workers in an unfair way. This question cannot be studied in long-lived organizations since workers may change their career expectations (and hence...

Persistent link: https://www.econbiz.de/10011777625