Showing 1 - 10 of 359
Social preference models were originally constructed to explain two things: why people spend money to affect the earnings of others and why the income of others influences reported happiness. We test these models in a novel experimental situation where participants face a risky decision that...
Persistent link: https://www.econbiz.de/10013112999
Social preference models were originally constructed to explain two things: why people spend money to affect the earnings of others and why the income of others influences reported happiness. We test these models in a novel experimental situation where participants face a risky decision that...
Persistent link: https://www.econbiz.de/10010326434
This study analyses the relation between perceived health status and intertemporal choice. We use data from experiments with real monetary rewards conducted among students in South Africa to estimate risk and time preferences. These experimental data, based on multiple price lists developed by...
Persistent link: https://www.econbiz.de/10014220473
This paper reports the results from a controlled field experiment designed to investigate the causal effect of public …
Persistent link: https://www.econbiz.de/10014039321
by eroding motivation. The present paper shows thatintention-based reciprocity can cause such motivational crowding …-out if individuals differin their propensity for reciprocity and preferences are private information. Not beingcontrolled …
Persistent link: https://www.econbiz.de/10010326255
Public benefit-cost analysis of market policies often relies on a particular definition of market surplus that adds up consumer and producer surplus and external costs. This paper provides an overview of conceptual strategies to deal with moral considerations and then develops an adjusted market...
Persistent link: https://www.econbiz.de/10014321781
When income inequality increases when average income levels increase, rises in average income levels might result in inequality costs. This paper develops marginal social welfare measures that account for the possibility that income inequality changes when average income levels change....
Persistent link: https://www.econbiz.de/10014321782
by eroding motivation. The present paper shows that intention-based reciprocity can cause such motivational crowding …-out if individuals differ in their propensity for reciprocity and preferences are private information. Not being controlled …
Persistent link: https://www.econbiz.de/10014042888
conducted a real effort fairness experiment where people in two of the world's richest countries, Norway and Germany, interacted … directly with people in Uganda and Tanzania, two of the world's poorest countries. In this experiment, the participants were …. First, entitlement considerations are crucial in explaining the distributive behavior of rich people in the experiment …
Persistent link: https://www.econbiz.de/10010326015
decision making in an interpersonal context. The influence of social comparison on risky choices is explored in an experiment …
Persistent link: https://www.econbiz.de/10010325900