Oberholzer-Gee, Felix; Bohnet, Iris; Frey, Bruno S - In: Public Choice 91 (1997) 1, pp. 89-105
The price system is generally thought to be the epitome of efficiency. In some cases, however, lotteries are preferred to the market as a social decision-making system for reasons of fairness. As recent research has shown, neither procedure is always well accepted among the general population....