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Fairness in markets and market experiments

Engelmann, Dirk; Friedrichsen, Jana; Kübler, Dorothea - 2018

and contested issue. We investigate how fairness in a laboratory experiment framed explicitly as a market exchange relates … the experiment. These results support the notion that fairness preferences as assessed in laboratory experiments capture …

Persistent link: https://www.econbiz.de/10011895978

Suspicious success : cheating, inequality acceptance, and political preferences

Klimm, Felix - 2018

Supporters of left-wing parties typically place more emphasis on redistributive policies than right-wing voters. I investigate whether this difference in tolerating inequality is amplified by suspicious success - achievements that may arise from cheating. Using a laboratory experiment, I...

Persistent link: https://www.econbiz.de/10011899249

Self-serving bias in redistribution choices : accounting for beliefs and norms

Amasino, Dianna; Pace, Davide Domenico; Weele, Joël J. … - 2023

underlying inequality, differing fairness views, and differing perceptions of social norms. In this study, we directly measure … report different fairness views and beliefs about task performance, but not different beliefs about social norms. Further …, only fairness views play a significant mediating role between status and allocation differences, suggesting this is the …

Persistent link: https://www.econbiz.de/10014477403

Ruled by robots : preference for algorithmic decision makers and perceptions of their choices

Chugunova, Marina; Luhan, Wolfgang J. - 2023

decisions are mainly driven by own material interests and fairness ideals. For the latter, players display remarkable … negatively to redistribution decisions that do not fit any fairness ideals. Our results suggest that even in the realm of moral …

Persistent link: https://www.econbiz.de/10014495065

When transaction-level wage transparency can increase consumer preference

Stich, Lucas; Ungemach, Christoph; Fuchs, Christoph; … - 2022

Firms are usually reluctant to disclose information about the production costs of their goods and services; however, some firms have recently started to disclose cost information to consumers. This research examines the consequences of disclosing transaction-level wage information on consumer...

Persistent link: https://www.econbiz.de/10014472455

Peer effects of ambition

Albert, Philipp; Kübler, Dorothea; Silva-Goncalves, Juliana - 2019

Ambition as the desire for personal achievement is an important driver of behavior. Using laboratory experiments, we study the role of social influence on ambition in two distinct domains of achievement, namely performance goals and task complexity. In the first case, participants set themselves...

Persistent link: https://www.econbiz.de/10012033501

Complexity and distributive fairness interact in affecting compliance behavior

Bellemare, Charles; Deversi, Marvin; Englmaier, Florian - 2019

intrinsically linked to distributive fairness. We find that compliance remains largely unaffected by complexity when income taxes …

Persistent link: https://www.econbiz.de/10012118468

Reciprocity in dynamic employment relationships

Fahn, Matthias - 2019

This paper explores the optimal provision of dynamic incentives for employees with reciprocal preferences. Building on the presumption that a relational contract can establish a norm of reciprocity, I show that generous upfront wages that activate an employee’s reciprocal preferences are more...

Persistent link: https://www.econbiz.de/10012126237

The impact of social media on belief formation

Schwarz, Marco - 2017

Social media are becoming increasingly important in our society and change the way people communicate, how they acquire information, and how they form beliefs. Experts are concerned that the rise of social media may make interaction and information exchange among like-minded individuals more...

Persistent link: https://www.econbiz.de/10011762816

Does a short-term increase in incentives boost performance?

Angelova, Vera; Giebe, Thomas; Ivanova-Stenzel, Radosveta - 2017

If agents are exposed to continual competitive pressure, how does a short-term variation of the severity of the competition affect agents' performance? In a real-effort laboratory experiment, we study a one-time increase in incentives in a sequence of equally incentivized contests. Our results...

Persistent link: https://www.econbiz.de/10011895040