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position vis-á-vis others. Taking a bet can improve oneś position relative to others or threaten it. We present an experiment …
Persistent link: https://www.econbiz.de/10009784058
Social lotteries are lotteries that are played along with someone else. The experimental literature indicates that risk attitudes depend on how one’s situation in the safe alternative compares to that of a peer. Evaluation of the risky alternative also depends on whether the lottery gives...
Persistent link: https://www.econbiz.de/10011295782
Human decision making is a process guided by different and partly competing mo-tivations that can each dominate behavior and lead to different effects depending on strength and circumstances. "Over-stylizingʺ neglects such competing concerns and context-dependence, although it facilitates the...
Persistent link: https://www.econbiz.de/10003800045
We assess the empirical validity of the overall theoretical framework of other-regarding preferences by focusing on those preference axioms that are common to all the prominent theories of outcome-based other-regarding preferences. This common set of preference axioms leads to a testable...
Persistent link: https://www.econbiz.de/10009306937
In many different contexts individuals take decisions on the behalf of others. However, little is known about how this circumstance affects the decision making process and influences the ultimate individuals ́choices. In this paper, we focus on the context of investment decisions and study if...
Persistent link: https://www.econbiz.de/10010252387
experiment whether peopleś fairness ideals vary with respect to changes in the order in which they undertake two allocation tasks …
Persistent link: https://www.econbiz.de/10011279775
We report the results of a combination of a dictator experiment with either a "social planner" or a "veil of ignorance …" experiment. The experimental design and the analysis of the data are based on the theoretical framework proposed in the companion … paper by Becker, Häger, and Heufer (BHH, 2013), in which we introduce a "notion of distributive justice" by which …
Persistent link: https://www.econbiz.de/10010370990
A common feature of the literature on the evolution of preferences is that evolution favors nonmaterialistic preferences only if preference types are observable at least to some degree. We argue that this result is due to the assumption that in each state of the evolutionary dynamics some...
Persistent link: https://www.econbiz.de/10009230354
an experiment, we observe significant altruism under rules which allow for fabrication and sabotage, but not under rules …
Persistent link: https://www.econbiz.de/10011349331
We provide a framework to decompose preferences into a notion of distributive justice and a selfishness part and to … recover individual notions of distributive justice from data collected in appropriately designed experiments. "Dictator games …' preferences, but - with the help of simple new axioms - also to recover some part of individuals' notion of justice. "Social …
Persistent link: https://www.econbiz.de/10010370991