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tradeoff between profit maximization (market norm) and workers' welfare (social norm). We use priming to manipulate the cues …
Persistent link: https://www.econbiz.de/10014577216
We invited residents of a virtual world who vary in real-world age and occupation to play a trust game with stakes comparable to in world wages. In different treatments, the lab wall was adorned with an emotively suggestive photograph, a suggestive text was added to the instructions, or both a...
Persistent link: https://www.econbiz.de/10010287726
People's desire for fair transactions can play an important role in negotiations, organizations, and markets. In this paper, we show that markets can also shape what people consider to be a fair transaction. We propose a simple and generally-applicable model of path-dependent fairness...
Persistent link: https://www.econbiz.de/10010333105
to an ambiguity averse preference for a randomized act. Building on this insight, we implement an experiment whose design …
Persistent link: https://www.econbiz.de/10011927998
We report an experiment where each subject's ambiguity sensitivity is measured by an ambiguity premium, a concept …
Persistent link: https://www.econbiz.de/10011928003
We report an experiment where each subject's ambiguity sensitivity is measured by an ambiguity premium, a concept …
Persistent link: https://www.econbiz.de/10011928018
hypothesis using a laboratory experiment that induces a conflict between two of the most-studied moral motives: fairness and …
Persistent link: https://www.econbiz.de/10014318979
Conceptual priming has become an increasingly popular tool in economics. Here, we review the literature that uses … priming in incentivized experiments to study economic questions. We mainly focus on the role of social identity, culture, and … norms in shaping preferences and behavior. We also discuss recently raised objections to priming research and conclude with …
Persistent link: https://www.econbiz.de/10011663185
We analyze a large-scale randomized experiment on redistributive preferences within the Austrian part of one of the … perfect laboratory for such an experiment as it has very low levels of wealth taxation and no inheritance tax but at the same …
Persistent link: https://www.econbiz.de/10013370156
preferences requires an improved understanding. We conduct an experiment in which individuals in small laboratory "societies …
Persistent link: https://www.econbiz.de/10013164121