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Laboratory market experiments observe a sharp dichotomy between (selfish) competitive behavior and fair-minded social behavior depending on competitive conditions. While the dichotomy is consistent with social preference theory, the often advanced hypothesis that social behavior is an artifact...
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of social preference models to capture decisions motivated by fairness and other social criteria, is one of the success …
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In both dictator and impunity games, one player, the dictator, divides a fixed amount of money between himself and one other, the recipient. Recent lab studies of these games have produced seemingly inconsistent results, reporting substantially divergent amounts of dictator giving. Also, one...
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understanding of the empirical nature of fairness is important if we are to gauge teh impact fairness has on economic and political …
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Several current social utility models posit fairness as a motive for certain types of strategic behavior. The models … differ sharply with respect to how fairness is measured. Distribution models measure fairness in terms of relative payoff … comparisons. Reciprocal-kindness models measure fairness in terms of gift giving and gifts received. Reference points play an …
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