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This paper examines the impact of envy or related social preferences on agricultural innovation in Ethiopia by combining experimental and household survey data. In the first stage of a money burning game, income inequality is induced by providing differential endowments and enabling subjects to...
Persistent link: https://www.econbiz.de/10013038748
The paper reports the result of an experimental game on asset integration and risk taking. We find some evidence that winnings in earlier rounds affect risk taking in subsequent rounds, but no evidence that real life wealth outside the experiment affects risk taking. Controlling for past...
Persistent link: https://www.econbiz.de/10013012145
The underlying motivations for envy or related social preferences and their impact on agricultural innovations are examined by combining data from money burning experimental game and household survey from Ethiopia. In the first stage of the money burning experimental game, income inequality is...
Persistent link: https://www.econbiz.de/10013038153
The underlying motivations for envy or related social preferences and their impact on agricultural innovations are examined by combining data from money burning experimental game and household survey from Ethiopia.  In the first stage of the money burning experimental game, income inequality is...
Persistent link: https://www.econbiz.de/10011004213
The underlying motivations for envy or related social preferences and their impact on agricultural innovations are examined by combining data from money burning experimental game and household survey from Ethiopia. In the first stage of the money burning experimental game, income inequality is...
Persistent link: https://www.econbiz.de/10009647754
We run an experiment in Ethiopia where farmers can use their own money to decrease the money of others (money burning). The data support the prediction from an inequality aversion model based on absolute income differences; but there is no support for an inequality aversion model based on...
Persistent link: https://www.econbiz.de/10014131778