Showing 1 - 10 of 194
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
We study with a sample of 1,070 primary school children, aged seven to eleven years, how altruism in a donation experiment is related to children's risk attitudes and intertemporal choices. Examining such a relationship is motivated by theories of reciprocal altruism that provide a cornerstone...
Persistent link: https://www.econbiz.de/10013057045
they argue for or against mandatory participation? Should we have less redistribution and more actuarial fairness? How does …Redistribution is an inevitable feature of collective pension schemes and economic experiments have revealed that most … people have a preference for redistribution that is not merely inspired by self-interest. Interestingly, little is known on …
Persistent link: https://www.econbiz.de/10013139713
particular, we analyze how horizontal fairness concerns affect performance and efficiency in an environment characterized by … high efforts. The treatment difference instead seems to be driven by the fact that the norm of equity is violated far more … frequently in the equal wage treatment. After having suffered from violations of the equity principle, agents withdraw effort …
Persistent link: https://www.econbiz.de/10013158119
Using self reported measures of life satisfaction and risk attitudes, we empirically test whether there is a …
Persistent link: https://www.econbiz.de/10013148355
context of castes in India. We test a) if individuals who compete in the presence of Affirmative Action policies remain …
Persistent link: https://www.econbiz.de/10012978151
We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are inequity averse and may differ in ability. We show that equality may lead to a reduction of public good provision below levels generated by purely selfish agents. But introducing...
Persistent link: https://www.econbiz.de/10013129910
Teams are becoming increasingly important in work settings. We develop a framework to study the strategic implications of a meritocratic notion of desert under which team members care about receiving what they feel they deserve. Team members find it painful to receive less than their perceived...
Persistent link: https://www.econbiz.de/10013032349
about fairness. Utilizing two manipulations (reminding participants about their answer to the fairness question and publicly … there is a social component (i.e., reporting of aggregate answers). When a participant's answer to the fairness question is …
Persistent link: https://www.econbiz.de/10013050631
This paper studies the effects of different income transfers on individual welfare, in both marriage and divorce situations, and on family decisions. We assume three generations within the family. We develop a sequential game that, in a first stage, determines the optimum level of the transfer...
Persistent link: https://www.econbiz.de/10012776754