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Social preference research has received considerable attention among economists in recent years. However, the empirical foundation of social preferences is largely based on laboratory experiments with self-selected students as participants. This is potentially problematic as students...
Persistent link: https://www.econbiz.de/10013130435
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
We use experiments to test comparative statics predictions of canonical tournament theory. Both the roles of principal … and agent are populated by human subjects, allowing us to test predictions for both incentive responses and optimal …
Persistent link: https://www.econbiz.de/10013111204
We study social preferences in the form of altruism using data on 959 interactions between random commuters at selected traffic intersections in the city of Brisbane, Australia. By observing real decisions of individual commuters on whether to stop (give way) for others, wefind evidence of (i)...
Persistent link: https://www.econbiz.de/10013093531
decision makers in the family and the society. We test these alternative hypotheses running Dictators experiments in Italy, a …
Persistent link: https://www.econbiz.de/10013026874
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
Multidimensional welfare analysis has recently been revived by money-metric measures based on explicit fairness principles and the respect of individual preferences. To operationalize this approach, preference heterogeneity can be inferred from the observation of individual choices (revealed...
Persistent link: https://www.econbiz.de/10012948689
Laboratory experiments are frequently used to examine the nature of individual preferences and inform economic theory. However, it is unknown whether the preferences of volunteer participants are representative of the population from which the participants are drawn or whether they differ due to...
Persistent link: https://www.econbiz.de/10013129933
respect to non-student adult subjects. We also test (and reject) the more specific hypothesis that approval-seeking subjects …
Persistent link: https://www.econbiz.de/10013134817
Anti-Muslim prejudice is widespread in Western countries. Yet, Muslims are expected to constitute a growing share of the total population in Western countries over the next decades. This paper predicts that this demographic trend will increase anti-Muslim prejudice. Relying on experimental games...
Persistent link: https://www.econbiz.de/10013118034