Showing 1 - 10 of 3,436
We report laboratory data on earned wealth effects in a series of anonymous dictator games. In addition to a standard (baseline) treatment in which wealth was determined by the experimenter, we conduct treatments in which either the dictator or the receiver earned wealth used in the subsequent...
Persistent link: https://www.econbiz.de/10005836258
Although different approaches and methods have been used to measure inequality aversion, there remains no consensus about its drivers at the individual level. We conducted an experiment on a sample of more than 1800 first-year undergraduate economics and business students in Uruguay to...
Persistent link: https://www.econbiz.de/10012697782
In this paper, we use stated satisfaction to estimate social preferences: subjects report their satisfaction with payment-profiles that hold their own payment constant while varying another subject's payment. This approach yields significant support for the inequity aversion model of Fehr and...
Persistent link: https://www.econbiz.de/10012517850
inequality, such as differences in effort, luck, or opportunities. We study how fairness views and the extent of redistribution … are much less prevalent. These results indicate that fairness views and attitudes towards redistribution change … distribution of income. Public support for the extent of redistribution typically depends on the perceived causes of income …
Persistent link: https://www.econbiz.de/10011704184
Social preferences have been shown to be an important determinant of economic decision making for many adults. We present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions in eight simple, one-shot allocation tasks, allowing us...
Persistent link: https://www.econbiz.de/10003978546
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10010359304
We study the intrapersonal relationship between trust and reciprocity in a laboratory experiment. Reciprocal subjects trust significantly more than selfish ones. This finding raises questions about theories of social preferences which predict that "fairer" players should trust less
Persistent link: https://www.econbiz.de/10013316844
Social preferences have been shown to be an important determinant of economic decision making for many adults. We present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions in eight simple, one-shot allocation tasks, allowing us...
Persistent link: https://www.econbiz.de/10013141434
the fairness and unfairness of allocations in three different scenarios (a Dictator game, an Ultimatum game, and a Trust … same session we elicit again their principles regarding the fairness and unfairness of allocations in the same three … norm in its favor and the weak side agrees: Stated fairness is a compromise with power. Second, in most situations …
Persistent link: https://www.econbiz.de/10009545257
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options …. Building on the generalized equity principle formulated by Selten (1978), we derive three different equity rules that can … explain 43% of all offers. Our within-subject design further allows us to show that proposers use different equity rules and …
Persistent link: https://www.econbiz.de/10010191262