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This paper reports the results of experiments designed to isolate the impact of various combinations of the following motives on trustworthiness: (i) unconditional other-regarding preferences - like altruism, inequality aversion, quasi-maximin, etc.; (ii) deal-responsiveness - reacting to...
Persistent link: https://www.econbiz.de/10010406346
For the trust game, recent models of belief-dependent motivations make opposite predictions regarding the correlation between back-transfers and second- order beliefs of the trustor: While reciprocity models predict a negative correlation, guilt-aversion models predict a positive one. This paper...
Persistent link: https://www.econbiz.de/10011480420
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/10009736607
Persistent link: https://www.econbiz.de/10008658544
information they process, and they are compared in terms of efficiency and perceived allocative and procedural fairness. …
Persistent link: https://www.econbiz.de/10010194821
differentiate between fairness that is stimulated by intentional based motives, distributional motives, and fairness considerations …
Persistent link: https://www.econbiz.de/10010264853
Offer and the Exit variant - in terms of fairness and efficiency. To assess the fairness of the allocations obtained by … elicited in a hypothetical fairness question, and we evaluate them from an impartial point of view using spectators' responses …
Persistent link: https://www.econbiz.de/10010194818
The opportunity to voice one's opinion about a decision is a fundamental aspect of procedural fairness and applies to a …
Persistent link: https://www.econbiz.de/10009771811
usually have incomplete information about fairness norms held by the other party - fairness norms that affect the other party …'s willingness to pay (WTP) or willingness to accept (WTA). Importantly, these fairness norms may depend on how strongly the … entitlement is protected. We experimentally test the effect of the degree of protection on the parties' WTP and WTA and on the …
Persistent link: https://www.econbiz.de/10011633871
redistribution. We present results from a large-scale online experiment with more than 4,000 participants. The experiment features a …
Persistent link: https://www.econbiz.de/10012253092