Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10001339030
The influence of relative wealth on fairness considerations is analyzed in an ultimatum game experiment in which participants receive large and widely unequal initial endowments. Subjects initially demonstrate a concern for fairness. With time however, behavior becomes at odds with both subgame...
Persistent link: https://www.econbiz.de/10005100867