Showing 1 - 10 of 16
This article examines the nature of human behavior in a nested socialdilemma referred to as the Spillover Game. Players are divided into twogroups with positive production interdependencies. Based on theoreticallyderived opportunistic, local, and global optima, our experimental...
Persistent link: https://www.econbiz.de/10009022157
Most research in economics models agents somehow motivated by out-comes. Here, we model agents motivated by procedures instead, whereprocedures are dened independently of an outcome. To that end, wedesign procedures which yield the same expected outcomes or carry thesame information on other's...
Persistent link: https://www.econbiz.de/10009022177
Take-it or leave-it offers are probably as old as mankind. Our objective here is, first, to provide a, probably subjectively-colored, recollection of the initial ultimatum game experiment, its motivation and the immediate responses. Second, we discuss important extensions of the standard...
Persistent link: https://www.econbiz.de/10010877980
the international comparison in degrees of revealed inequality aversion, but differences in social preferences are …
Persistent link: https://www.econbiz.de/10013121865
the international comparison in degrees of revealed inequality aversion, but differences in social preferences are …
Persistent link: https://www.econbiz.de/10009228621
Although one may hope to achieve equality of stated profits withoutenforcing it, one may not trust in such voluntary equality seeking andrather try to impose rules (of bidding) guaranteeing it.[...]
Persistent link: https://www.econbiz.de/10009022159
This paper derives and justifies a procedurally fair bidding mechanism and reviews experiments that apply the mechanism … to public projects provision. In the experiments, not all parties benefit from provision, and the projects' costs can be …
Persistent link: https://www.econbiz.de/10013060963
Take-it or leave-it offers are probably as old as mankind. Our objective here is, first, to provide a, probably subjectively-colored, recollection of the initial ultimatum game experiment, its motivation and the immediate responses. Second, we discuss important extensions of the standard...
Persistent link: https://www.econbiz.de/10013315721
Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood … as an increase in inequality of wages due to changes in bargaining power of employees. However, the role of changing … paper is to quantify the proportion of changing household structures in the increase in inequality. We find that the rise in …
Persistent link: https://www.econbiz.de/10013136651
Previous estimates of inequality of opportunity (IOp) are lower bounds because of the unobservability of the full set …, is important for the acceptance of (some) inequality and the design of redistributive policies as underestimating the …
Persistent link: https://www.econbiz.de/10013106535