Haile, Daniel; Sadrieh, Abdolkarim; Verbon, Harrie A. A. - Universität <Magdeburg> / Fakultät für … - 2007
We study the effect of fair institutions on growth. In our model, individuals are endowed with unequal entitlements to … growth.Experimentally, we observe significantly less cooperation, when dictators chose high instead of low inequality. This … equal opportunitiesare less likely to suffer retarded growth due to free-riding than economies with self-serving dictators... …