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inequalities, but many follow an interior allocation rule previously unaccounted for by the fairness views in the literature. These …
Persistent link: https://www.econbiz.de/10010818526
inequalities, but many follow an interior allocation rule previously unaccounted for by the fairness views in the literature. These …
Persistent link: https://www.econbiz.de/10010818860
Does geographic or (perceived) social distance between subjects signi?cantly affect proposer and responder behavior in ultimatum bargaining? To answer this question, subjects once play an ultimatum game with three players (proposer, responder, and dummy player) and asymmetric information (only...
Persistent link: https://www.econbiz.de/10005090551
-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve …-led redistribution to the poor. These patterns suggest that short-run inequality shocks can be reinforced in the labor market but do not … result in weaker political preferences for redistribution. …
Persistent link: https://www.econbiz.de/10010945116
inform the debate on the fairness of market outcomes by showing that the use of a competitive procedure can, by itself …
Persistent link: https://www.econbiz.de/10010817309
This paper reports an experiment designed to elicit social preferences over income compensation schemes, where income differences between subjects have two independent components: one due to chosen effort and the other due to random chance. These differences can be compensated through social...
Persistent link: https://www.econbiz.de/10011133549
This paper reports an experiment designed to elicit social preferences over income compensation schemes, where income differences between subjects have two independent components: one due to chosen effort and the other due to random chance. These differences can be compensated through social...
Persistent link: https://www.econbiz.de/10010884455
inform the debate on the fairness of market outcomes by showing that the use of a competitive procedure can, by itself …
Persistent link: https://www.econbiz.de/10010781540
This paper investigates physiological responses to perceptions of unfair pay. We use an integrated approach exploiting complementarities between controlled lab and representative field data. In a simple principal-agent experiment agents produce revenue by working on a tedious task. Principals...
Persistent link: https://www.econbiz.de/10011098748
We study the intrapersonal relationship between trust and reciprocity in a laboratory experiment. Reciprocal subjects trust significantly more than selfish ones. This finding raises questions about theories of social preferences which predict that "fairer" players should trust less.
Persistent link: https://www.econbiz.de/10005822399