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Let the Market Decide : An Experimental Study of Competition and Fairness
Bartling, Björn; Grieder, Manuel; Zehnder, Christian - 2021
Is competition perceived as a fair procedure? We report data from laboratory experiments where a powerful buyer can … inform the debate on the fairness of market outcomes by showing that the use of a competitive procedure can, by itself …
Persistent link: https://www.econbiz.de/10013315593
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Let the Market Decide: An Experimental Study of Competition and Fairness
Bartling, Björn; Grieder, Manuel; Zehnder, Christian - CESifo - 2014
Is competition perceived as a fair procedure? We report data from laboratory experiments where a powerful buyer can … inform the debate on the fairness of market outcomes by showing that the use of a competitive procedure can, by itself …
Persistent link: https://www.econbiz.de/10010781540
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Does Willful Ignorance Deflect Punishment? - An Experimental Study
Bartling, Björn; Engl, Florian; Weber, Roberto A. - CESifo - 2013
This paper studies whether people can avoid punishment by remaining willfully ignorant about possible negative consequences of their actions for others. We employ a laboratory experiment, using modified dictator games in which a dictator can remain willfully ignorant about the payoff...
Persistent link: https://www.econbiz.de/10010674729
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An Externality-Robust Auction : Theory and Experimental Evidence
Bartling, Björn - 2014
An auction is externality-robust if unilateral deviations from equilibrium leave the other bidders' payoffs unaffected. The equilibrium and its outcome will then persist if certain types of externalities arise between bidders. One example are externalities due to spiteful preferences, which have...
Persistent link: https://www.econbiz.de/10013054012
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Game Form Misconceptions Do Not Explain the Endowment Effect
Bartling, Björn - 2014
We test the claim that game form misconception among subjects making choices through the Becker-DeGroot-Marschak (BDM) value elicitation procedure provides an explanation for the endowment effect, as suggested by Cason and Plott (forthcoming). We employ a design that allows us to clearly...
Persistent link: https://www.econbiz.de/10013040481
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The Intrinsic Value of Decision Rights
Bartling, Björn; Fehr, Ernst; Herz, Holger - 2021
Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental value but may also be valuable for their own sake. The ideas of autonomy, freedom, and liberty derive their intuitive appeal – at least partly – from an assumed positive...
Persistent link: https://www.econbiz.de/10013315775
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An Externality-Robust Auction: Theory and Experimental Evidence
Bartling, Björn; Netzer, Nick - CESifo - 2014
An auction is externality-robust if unilateral deviations from equilibrium leave the other bidders’ payoffs unaffected. The equilibrium and its outcome will then persist if certain types of externalities arise between bidders. One example are externalities due to spiteful preferences, which...
Persistent link: https://www.econbiz.de/10010877664
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The Intrinsic Value of Decision Rights
Bartling, Björn; Fehr, Ernst; Herz, Holger - CESifo - 2013
Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental value but may also be valuable for their own sake. The ideas of autonomy, freedom, and liberty derive their intuitive appeal – at least partly – from an assumed positive...
Persistent link: https://www.econbiz.de/10010660133
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Game Form Misconceptions Do Not Explain the Endowment Effect
Bartling, Björn; Engl, Florian; Weber, Roberto A. - CESifo - 2014
We test the claim that game form misconception among subjects making choices through the Becker-DeGroot-Marschak (BDM) value elicitation procedure provides an explanation for the endowment effect, as suggested by Cason and Plott (forthcoming). We employ a design that allows us to clearly...
Persistent link: https://www.econbiz.de/10011086456
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Does Competition Justify Inequality?
Bartling, Björn - 2016
Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can … shading. To analyze fairness perceptions associated with competitive mechanisms, we run laboratory experiments where a single … powerful buyer can trade with one of several sellers - an environment that can lead to pronounced inequality among the …
Persistent link: https://www.econbiz.de/10013000910