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Reciprocity, Inefficiency and Social Exclusion : Experimental Evidence
Okada, Akira; Riedl, Arno - 2002
This paper investigates experimentally the impact of reciprocal fairness considerations in multilateral bargaining and coalition formation. The consequences for effciency and the distribution of wealth are analyzed. The results show that reciprocal fairness indeed deeply affects the effciency...
Persistent link: https://www.econbiz.de/10014123593
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Inefficiency and social exclusion in a coalition formation game : experimental evidence
Okada, Akira; Riedl, Arno - 1999 - This version: February, 1999
This paper reports the results of experiments involving a 3-personcoalitionformation game with an ultimatumbargaining character. The grand coalition was always the efficientcoalition,whereas the values of the 2-personcoalitions are varied such that they lead to an efficiency loss inthe range...
Persistent link: https://www.econbiz.de/10011301150
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Inefficiency and social exclusion in a coalition formation game : experimental evidence
Okada, Akira; Riedl, Arno - 1999
This paper reports the results of experiments involving a 3-person coalition formation game with an ultimatum bargaining character. The grand coalition was always the efficient coalition decision, whereas the values of the 2-person coalitions are varied such that they lead to an efficiency loss...
Persistent link: https://www.econbiz.de/10009711650
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Giving in the face of risk
Cettolin, Elena; Riedl, Arno; Tran, Giang - 2016
interact in such situations. In this paper we provide experimental evidence on this question. In a first experiment givers are … the realized state of the world. In a second experiment, risk affects the earnings of givers but not of beneficiaries. We …
Persistent link: https://www.econbiz.de/10011565561
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Giving in the Face of Risk
Cettolin, Elena; Riedl, Arno; Tran, Giang - 2016
interact in such situations. In this paper we provide experimental evidence on this question. In a first experiment givers are … the realized state of the world. In a second experiment, risk affects the earnings of givers but not of beneficiaries. We …
Persistent link: https://www.econbiz.de/10011584886
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Preferences for redistribution and pensions: What can we learn from experiments?
Tausch, Franziska; Potters, Jan; Riedl, Arno - 2010
Redistribution is an inevitable feature of collective pension schemes and economic experiments have revealed that most people have a preference for redistribution that is not merely inspired by self-interest. Interestingly, little is known on how these preferences interact with preferences for...
Persistent link: https://www.econbiz.de/10010270867
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Preferences for redistribution and pensions: What can we learn from experiments?
Tausch, Franziska; Potters, Jan; Riedl, Arno - 2010
Redistribution is an inevitable feature of collective pension schemes and economic experiments have revealed that most people have a preference for redistribution that is not merely inspired by self-interest. Interestingly, little is known on how these preferences interact with preferences for...
Persistent link: https://www.econbiz.de/10010285439
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Preferences for Redistribution and Pensions: What Can We Learn from Experiments?
Tausch, Franziska; Potters, Jan; Riedl, Arno - Institute for the Study of Labor (IZA) - 2010
Redistribution is an inevitable feature of collective pension schemes and economic experiments have revealed that most people have a preference for redistribution that is not merely inspired by self-interest. Interestingly, little is known on how these preferences interact with preferences for...
Persistent link: https://www.econbiz.de/10008548714
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Preferences for Redistribution and Pensions. What can we Learn from Experiments?
Tausch, Franziska; Potters, Jan; Riedl, Arno - CESifo - 2010
Redistribution is an inevitable feature of collective pension schemes. Nevertheless, it is still an open question what people’s preferences are regarding this form of redistribution. This paper reviews experimental evidence on preferences regarding redistribution and asks what this evidence...
Persistent link: https://www.econbiz.de/10008498990
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Justice under uncertainty
Cettolin, Elena; Riedl, Arno - 2013
choices have uncertain outcomes. We report the results of a first experiment investigating just allocations of resources when …
Persistent link: https://www.econbiz.de/10009766681