Showing 1 - 10 of 654
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
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
experiments have revealed, however, that most people do in fact have redistributional preferences that are not merely inspired by …, individuals make choices in front of the veil of ignorance and know their position. Experiments show that preferences for …, in particular, if inequality is due to chance rather than effort. There are also significant differences in preferences …
Persistent link: https://www.econbiz.de/10013316175
strength. We then present three experiments that study main predictions and implications of the model. The first is a simple …
Persistent link: https://www.econbiz.de/10009228620
We consider the interaction of intrinsic motivation and concerns for social approval in a laboratory experiment. We elicit a proxy for Fairtrade preferences before the experiment in which we elicit willingness to pay for conventional and Fairtrade chocolate. Treatments vary whether this can be...
Persistent link: https://www.econbiz.de/10010723530
Many information structures generate correlated rather than mutually independent signals, the news media being a prime example. This paper shows experimentally that in such contexts many people neglect these correlations in the updating process and treat correlated information as independent. In...
Persistent link: https://www.econbiz.de/10010718532
Using a laboratory experiment, we present first evidence that stigmatization through public exposure causally reduces the take-up of an individually beneficial transfer. Our design exogenously varies the informativeness of the take-up decision by varying whether transfer eligibility is based on...
Persistent link: https://www.econbiz.de/10012952402
Theory of mind and individual preferences are important determinants in social decision making. The current study examined in a large sample whether being a cooperative preference type is related with better theory of mind skills. Furthermore, by testing adolescents and adults, we examined the...
Persistent link: https://www.econbiz.de/10010877849
There is vast heterogeneity in the human willingness to weigh others' interests in decision making. This heterogeneity raises the question how one can parsimoniously model and characterize heterogeneity across several dimensions of social preferences while still being able to predict behavior...
Persistent link: https://www.econbiz.de/10012997075
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/10013316068