point. Yet little is known about what determines reference points. We conduct two experiments that show that reference … points are determined by expectations. In the first experiment, we endow subjects with an item and randomize the probability … determined by the status quo or when preferences are reference-independent. In the second experiment, we randomly assign subjects …

We report the results of a combination of a dictator experiment with either a "social planner" or a "veil of ignorance …" experiment. The experimental design and the analysis of the data are based on the theoretical framework proposed in the companion … experiments by a combination of selfishness and concerns for distributive justice. Most participants conform very well with the …

experiments. One explanation for this hypothetical bias which has been put forward is that participants use high willingness …

/acquisition (i.e., deliberation). As predicted, when lottery pairing was known, experiment participants exhibited substantially less …

We report the results of a combination of a dictator experiment with either a “social planner” or a “veil of ignorance …” experiment. The experimental design and the analysis of the data are based on the theoretical framework proposed in the companion … experiments by a combination of selfishness and concerns for distributive justice. Most participants conform very well with the …

whether the wealth distribution choice exhibits equity or efficiency preferring tastes. We report experiments using a within …

candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …