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The fairness of inequality due to risk and effort choices
Sterba, Maj-Britt - 2022
Three determining factors for economic inequality are self-chosen effort, self-chosen risk, and external circumstances. The fairness people assign to inequalities due to effort and external circumstances is widely studied. Insights on the fairness of inequalities due to self-chosen effort and...
Persistent link: https://www.econbiz.de/10013252893
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Justice under uncertainty
Cettolin, Elena; Riedl, Arno - 2013
An important element for the public support of policies is their perceived justice. At the same time most policy … choices have uncertain outcomes. We report the results of a first experiment investigating just allocations of resources when … their own risk preferences. The observed allocations are consistent with four different views of justice under uncertainty. …
Persistent link: https://www.econbiz.de/10009766681
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The role of interpersonal uncertainty in prosocial behavior
Chakraborty, Anujit; Henkel, Luca - 2024
In prosocial decisions, decision-makers are inherently uncertain about how their decisions impact others’ utility – we call this interpersonal uncertainty. We show that people’s response to interpersonal uncertainty shapes well-known patterns of prosocial behavior. First, using standard...
Persistent link: https://www.econbiz.de/10014576953
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The role of interpersonal uncertainty in prosocial behavior
Chakraborty, Anujit; Henkel, Luca - 2024
In prosocial decisions, decision-makers are inherently uncertain about how their decisions impact others' utility - we call this interpersonal uncertainty. We show that people's response to interpersonal uncertainty shapes well-known patterns of prosocial behavior. First, using standard social...
Persistent link: https://www.econbiz.de/10014578386
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The role of interpersonal uncertainty in prosocial behavior
Chakraborty, Anujit; Henkel, Luca - 2025
In prosocial decisions, decision-makers face interpersonal uncertainty - uncertainty about how their choices impact others' utility. We use three approaches to show how it shapes classic patterns of prosocial behavior like ingroup favoritism, merit-based fairness, and self-favoring behavior....
Persistent link: https://www.econbiz.de/10015199844
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Social preferences under uncertainty
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
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Does payoff equity facilitate coordination? : a test of Schelling's conjecture
López-Pérez, Raúl; Pintér, Ágnes; Kiss, Hubert J. - 2013
Starting from Schelling (1960), several game theorists have conjectured that payoff equity might facilitate coordination in normal-form games with multiple equilibria - the more equitable equilibrium might be selected either because fairness makes it focal or because many individuals dislike...
Persistent link: https://www.econbiz.de/10010224794
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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
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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 …
Persistent link: https://www.econbiz.de/10011565561
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Fairness ex ante & ex post : the benefits of renegotiation in media markets
Engel, Christoph; Kurschilgen, Michael - 2010
to lower prices for copyrights. More copyrights trade. The buyers perceive less ex-post unfairness. -- experiment …
Persistent link: https://www.econbiz.de/10003980427