Showing 1 - 10 of 2,173
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
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
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/10013074889
earnings of others and why the income of others influences reported happiness. We test these models in a novel experimental … generally the same in both treatments, in line with rule-based social preference models, like procedural fairness. …
Persistent link: https://www.econbiz.de/10010326434
test potential adverse health effects of unfair pay using data from a large representative data set. Complementary to our … health, and fairness of pay …
Persistent link: https://www.econbiz.de/10013124489
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/10013052703
Debates about affirmative action often revolve around fairness. Accordingly, we document substantial heterogeneity in … the fairness perception of various affirmative action policies. But do these differences translate into different …, either due to bad luck (discrimination), low productivity, or choice of a short working time. Higher fairness perceptions …
Persistent link: https://www.econbiz.de/10012834594
This study attempts to combine two traditional fields in microeconomics: individual decision making under risk and decision making in an interpersonal context. The influence of social comparison on risky choices is explored in an experiment in which participants make a series of choices between...
Persistent link: https://www.econbiz.de/10010325900
While previous research has shown that social preferences develop in childhood, we study whether this development is accompanied by reduced use of deception when lies would harm others, and increased use of deception to benefit others. In a sample of children aged between 7 and 14, we find...
Persistent link: https://www.econbiz.de/10013061440