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Gaudeul, Alexia - 2013

position vis-á-vis others. Taking a bet can improve oneś position relative to others or threaten it. We present an experiment …

Persistent link: https://www.econbiz.de/10009784058

Social preferences under risk : minimizing collective risk vs. reducing ex-post inequality

Gaudeul, Alexia - 2016

We refine the understanding of individual preferences across social lotteries, whereby the payoffs of a pair of subjects are exposed to random shocks. We find that aggregate behavior is ex-post and ex-ante inequality averse, but also that there is a wide variety of individual preferences and...

Persistent link: https://www.econbiz.de/10011476573

Oligopoly as a socially embedded dilemma: An experiment

Engel, Christoph; Zhurakhovska, Lilia - 2011

From the perspective of competitors, competition may be modeled as a prisoner's dilemma. Setting the monopoly price is cooperation, undercutting is defection. Jointly, competitors are better off if both are faithful to a cartel. Individually, profit is highest if only the competitor(s) is (are)...

Persistent link: https://www.econbiz.de/10010281843

Oligopoly as a Socially Embedded Dilemma : An Experiment

Engel, Christoph; Zhurakhovska, Lilia - 2011

From the perspective of competitors, competition may be modeled as a prisoner’s dilemma. Setting the monopoly price is cooperation, undercutting is defection. Jointly, competitors are better off if both are faithful to a cartel. Individually, profit is highest if only the competitor(s) is...

Persistent link: https://www.econbiz.de/10014186597

Oligopoly as a socially embedded dilemma : an experiment

Engel, Christoph; Zhurakhovska, Lilia - 2011

expected. -- Oligopoly ; Collusion ; experiment ; Uncertainty ; negative externalities ; prisoner's dilemma …

Persistent link: https://www.econbiz.de/10008822475

Decisions under uncertainty in social contexts

Müller, Stephan; Rau, Holger A. - 2016

This paper theoretically and experimentally studies decision-making in risky and social environments. We explore the interdependence of individual risk attitudes and social preferences in form of inequality aversion as two decisive behavioral determinants in such contexts. Our model and the data...

Persistent link: https://www.econbiz.de/10011540812

Decisions under uncertainty in social contexts

Müller, Stephan; Rau, Holger A. - 2017

This paper theoretically and experimentally studies decision-making in risky and social environments. We explore the interdependence of individual risk attitudes and social preferences in the form of inequality aversion as two decisive behavioral determinants in such contexts. Our model and the...

Persistent link: https://www.econbiz.de/10011618161

Social Preferences Under Risk : Minimizing Collective Risk vs. Reducing Ex-Post Inequality

Gaudeul, Alexia - 2016

Persistent link: https://www.econbiz.de/10012990995

Risk aversion and other factors determine income redistribution preferences

Gärtner, Manja; Mollerstrom, Johanna - In: DIW weekly report : economy, politics, science : a … 8 (2018) 17/18, pp. 151-156

The amount of redistribution people favor depends on socioeconomic factors and their views on fairness. This study … younger people. People’s views on fairness and altruism also play a role. The study also shows for the first time that …

Persistent link: https://www.econbiz.de/10011843068

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 … correlated with giving in the absence of risk. We find limited support for existing models of ex-post and ex-ante fairness. Our …

Persistent link: https://www.econbiz.de/10011565561