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Who Cares More? Allocation with Diverse Preference Intensities

Ortoleva, Pietro; Safonov, Evgenii; Yariv, Leeat - National Bureau of Economic Research - 2021

Goods and services---public housing, medical appointments, schools---are often allocated to individuals who rank them similarly but differ in their preference intensities. We characterize optimal allocation rules when individual preferences are known and when they are not. Several insights...

Persistent link: https://www.econbiz.de/10012629428

Not Playing Favorites : An Experiment on Parental Fairness Preferences

Berry, James - 2020

We conduct a lab-in-the-field experiment to identify parents' preferences for investing in their children. The … experiment exogenously varied the short-run returns to educational investments to identify how much parents care about maximizing …

Persistent link: https://www.econbiz.de/10012479256

Expectations-Based Loss Aversion May Help Explain Seemingly Dominated Choices in Strategy-Proof Mechanisms

Dreyfuss, Bnaya - 2019

Deferred Acceptance (DA), a widely implemented algorithm, is meant to improve allocations: under classical preferences, it induces preference-concordant rankings. However, recent evidence shows that--in both real, large-stakes applications and experiments--participants frequently play seemingly...

Persistent link: https://www.econbiz.de/10012480338

Preferences for Giving Versus Preferences for Redistribution

Mollerstrom, Johanna; Strulov-Shlain, Avner; Taubinsky, … - National Bureau of Economic Research - 2021

We report the results of an online experiment studying preferences for giving and preferences for group …

Persistent link: https://www.econbiz.de/10012660053

The Moral Preferences of Investors : Experimental Evidence

Bonnefon, Jean-François; Landier, Augustin; Sastry, … - National Bureau of Economic Research - 2022

We characterize investors' moral preferences in a parsimonious experimental setting, where we auction stocks with various ethical features. We find strong evidence that investors seek to align their investments with their social values ("value alignment"), and find no evidence of behavior driven...

Persistent link: https://www.econbiz.de/10012814422

Ex Ante Efficiency in School Choice Mechanisms : An Experimental Investigation

Featherstone, Clayton - 2008

efficiency, both in theory and in the laboratory …

Persistent link: https://www.econbiz.de/10012464029

Social Identity and Preferences

Benjamin, Daniel J. - 2007

Social identities prescribe behaviors for people. We identify the marginal behavioral effect of these norms on discount rates and risk aversion by measuring how laboratory subjects' choices change when an aspect of social identity is made salient. When we make ethnic identity salient to...

Persistent link: https://www.econbiz.de/10012465341

Sorting, Prices, and Social Preferences

Lazear, Edward - 2006

What impact do social preferences have in market-type settings where individuals can sort in response to relative prices? We show that sorting behavior can distinguish between individuals who like to share and those who share but prefer to avoid the sharing environment altogether. In four...

Persistent link: https://www.econbiz.de/10012466628

Neoclassical Theory Versus Prospect Theory : Evidence from the Marketplace

List, John A. - 2003

Neoclassical theory postulates that preferences between two goods are independent of the consumer's current … entirely new economic paradigm to displace conventional neoclassical theory e.g., prospect theory, which invokes psychological … effects. This paper pits neoclassical theory against prospect theory by investigating three clean tests of the competing …

Persistent link: https://www.econbiz.de/10012468962

How Elastic Are Preferences for Redistribution? Evidence from Randomized Survey Experiments

Kuziemko, Ilyana - 2013

We develop online survey experiments to analyze how information about inequality and taxes affects preferences for redistribution. Approximately 4,000 respondents were randomized into treatments providing interactive, customized information on U.S. income inequality, the link between top income...

Persistent link: https://www.econbiz.de/10012459796

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