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Meritocracies aspire to reward effort and hard work but promise not to judge individuals by the circumstances they were born into. The choice to work hard is, however, often shaped by circumstances. This study investigates whether people's merit judgments are sensitive to this endogeneity of...
Persistent link: https://www.econbiz.de/10012614805
circumstances. In an experiment, US participants judge how much money workers deserve for the effort they exert. Unequal …
Persistent link: https://www.econbiz.de/10014390238
experiment whether peopleś fairness ideals vary with respect to changes in the order in which they undertake two allocation tasks …
Persistent link: https://www.econbiz.de/10011279775
consequences of their actions for others. We employ a laboratory experiment, using modified dictator games in which a dictator can …
Persistent link: https://www.econbiz.de/10009764955
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10013052703
Substantial evidence has accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium concepts...
Persistent link: https://www.econbiz.de/10008811006
) Procedural justice – equal treatment of all; (2) Agency – one’s ability to determine his/her income. We do this in a lab … experiment by differentially varying subjects’ ability to influence their earnings. Comparison of ex-post redistribution … decisions of total earnings under different conditions indicate both agency and procedural justice to matter for fairness …
Persistent link: https://www.econbiz.de/10014143490
experiment, participants complete real-effort tasks and then are randomly assigned a high or low pay rate per correct answer to …
Persistent link: https://www.econbiz.de/10014477403
We experimentally investigate subjects’ preferences for redistribution depending on i) their personal stake in the outcome (either absent or not), ii) the effect of luck in strengthening or weakening the income inequality as derived from merit, and iii) whether individuals are informed about...
Persistent link: https://www.econbiz.de/10014260326
We conduct a laboratory experiment where third-party spectators can redistribute resources between two agents, thereby …
Persistent link: https://www.econbiz.de/10010393298