Similar Search Results

Social Preferences in Childhood and Adolescence : A Large-Scale Experiment

Sutter, Matthias - 2010

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

Do the Reciprocal Trust Less?

Altmann, Steffen; Dohmen, Thomas J.; Wibral, Matthias - 2021

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

Behavioural Responses to Unfair Institutions : Experimental Evidence on Rule Compliance, Norm Polarisation, and Trust

Columbus, Simon; Feld, Lars P.; Kasper, Matthias; … - 2023

and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce … to no enforcement. We also find that social heterogeneity lowers average trust and induces ingroup favouritism in trust … positively into norms and trust. Our study contributes to the literature on behavioural responses to institutional design and …

Persistent link: https://www.econbiz.de/10014346014

Self-Serving Use of Equity Rules in Bargaining with Asymmetric Outside Options

Hennig‐Schmidt, Heike - 2013

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...

Persistent link: https://www.econbiz.de/10013074889

Preferences for Redistribution and Pensions : What Can We Learn from Experiments?

Tausch, Franziska - 2010

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 how these preferences interact with preferences for...

Persistent link: https://www.econbiz.de/10013139713

You CanﾒT Be Happier than Your Wife : Happiness Gaps and Divorce

Guven, Cahit - 2009

This paper asks whether the gap in subjective happiness between spouses matters per se, i.e. whether it predicts divorce. We use three panel databases to explore this question. Controlling for the level of life satisfaction of spouses, we find that a higher satisfaction gap, even in the first...

Persistent link: https://www.econbiz.de/10013153309

Social Comparison and Performance : Experimental Evidence on the Fair Wage-Effort Hypothesis

Gaechter, Simon - 2010

We investigate the impact of wage comparisons for worker productivity. We present three studies which all use three-person gift-exchange experiments. Consistent with Akerlof and Yellen's (1990) fair wage-effort hypothesis we find that disadvantageous wage discrimination leads to lower efforts...

Persistent link: https://www.econbiz.de/10013148288

Cardiovascular Consequences of Unfair Pay

Falk, Armin - 2011

This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...

Persistent link: https://www.econbiz.de/10013124489

Perceived Fairness and Consequences of Affirmative Action Policies

Schildberg-Hörisch, Hannah - 2020

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 consequences? In a laboratory experiment, we study three...

Persistent link: https://www.econbiz.de/10012834594

Are Teams Less Inequality Averse than Individuals?

He, Haoran - 2014

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