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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
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/10010359304
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
The meritocratic fairness ideal implies that inequalities in earnings are regarded as fair only when they reflect differences in performance. Consequently, implementation of the meritocratic fairness ideal requires complete information about individual performances, but in practice, such...
Persistent link: https://www.econbiz.de/10012007093
taking. We perform a real effort field experiment where inequality is introduced to different wage rates. After the effort …
Persistent link: https://www.econbiz.de/10010532452
Persistent link: https://www.econbiz.de/10003854468
Persistent link: https://www.econbiz.de/10013382928
In Rawls' (1971) influential social contract approach to distributive justice, the fair income distribution is the one that an individual would choose behind a veil of ignorance. Harsanyi (1953, 1955, 1975) treats this situation as a decision under risk and arrives at utilitarianism using...
Persistent link: https://www.econbiz.de/10009739534
We use a controlled laboratory experiment to study the causal impact of income decreases within a time period on …
Persistent link: https://www.econbiz.de/10012814519
We run a laboratory experiment where some participants are selected to make investment decisions on behalf of others …
Persistent link: https://www.econbiz.de/10011753528