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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
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
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
available payoff allocations. This paper is concerned with advancing two new, empirically sound, concepts: equity-driven impulse … balance equilibrium (EIBE) and equity-driven quantal response equilibrium (EQRE): both introduce a distributive reference … successful in terms of fit to the experimental data: EQRE, IBE, EIBE, QRE and Nash equilibrium. -- Fairness ; Inequity aversion …
Persistent link: https://www.econbiz.de/10008811006
redistribution decisions at the end of that period, in an environment where we keep fixed the sum of incomes over the period. First … effect of income inequality on redistribution decisions, we delve into the history behind one's income to isolate the effect …
Persistent link: https://www.econbiz.de/10012814519
We investigate the role of intentions in two-player two-stage games. For this purpose we systematically vary the set of opportunity sets the first mover can chose from and study how the second mover reacts not only to opportunities of gains but also of losses created by the choice of the first...
Persistent link: https://www.econbiz.de/10011480554