Is competition perceived as a fair procedure? We report data from laboratory experiments where a powerful buyer can … inform the debate on the fairness of market outcomes by showing that the use of a competitive procedure can, by itself …

-applicable model of path-dependent fairness preferences, in which past experiences shape preferences, and we experimentally test the …' fairness concerns, making them more likely to accept transactions in which they receive a low share of the surplus. Consistent …

the individual and thereby assessing the limits of these fairness concerns. This study reports on Trust game experiments …While many studies have shown that fairness matters few efforts have been made to find out how important fairness is to … that 90 percent of subjects that had demonstrated fairness ambitions were willing to let down their counterparts if …

Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can … shading. To analyze fairness perceptions associated with competitive mechanisms, we run laboratory experiments where a single … powerful buyer can trade with one of several sellers - an environment that can lead to pronounced inequality among the …

We examine in controlled experiments how individuals make choices when faced withmultiple options. The choice tasks … mimic the selection of health insurance, prescriptiondrug, or retirement savings plans. However, in our experiment, the …

augmenting a standard model of inequality aversion. Overall, conditional on exhibiting sufficiently-strong social preferences, we … effect of income inequality on redistribution decisions, we delve into the history behind one’s income to isolate the effect …