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experimental democracy. We design a two-period experiment in which subjects first choose a distributional scheme by majority voting … the effect of social immobility on choosing distributional regimes the experiment is conducted with and without a social …
Persistent link: https://www.econbiz.de/10014504499
The amount of redistribution people favor depends on socioeconomic factors and their views on fairness. This study, based on a representative survey conducted in Sweden, confirms earlier results: Higher incomes are correlated with wanting less redistribution, women are more in favor of...
Persistent link: https://www.econbiz.de/10011858985
Wie viel Umverteilung Bürgerinnen und Bürger in der Gesellschaft möchten, hängt von sozioökonomischen Faktoren und ihren Ansichten über Gerechtigkeit ab. Diese Studie, basierend auf einer in Schweden durchgeführten, repräsentativen Umfrage, bestätigt frühere Ergebnisse: Demnach nimmt...
Persistent link: https://www.econbiz.de/10011859044
optimal. A theoretical framework and an experiment demonstrate that stochastic contracts implemented with small probabilities …
Persistent link: https://www.econbiz.de/10015420301
This paper studies the effects of two different frames on decisions in a dictator game. Before making their allocation decision, dictators read a short text. Depending on the treatment, the text either emphasizes their decision power and freedom of choice or it stresses their responsibility for...
Persistent link: https://www.econbiz.de/10011852744
We propose a novel way of measuring trust in institutions, which draws on the experimental method used to elicit time preferences. Our measure is provided in the meaningful metric of the subjective probability of trustworthiness of the trustee. In a lab-in-the-field setting in the Philippines,...
Persistent link: https://www.econbiz.de/10014536943
Keynes (1921) and Ellsberg (1961) have articulated an aversion toward betting on an urn containing balls of two colors of unknown proportion to one with a 50-50 composition. Keynes views this as reflecting different preferences for bets arising from different sources of uncertainty. Ellsberg...
Persistent link: https://www.econbiz.de/10014536998
We report results from experimental first-price, sealed-bid, all-pay auctions for a good with a common and known value. We observe bidding strategies in groups of two and three bidders and under two extreme information conditions. As predicted by the Nash equilibrium, subjects use mixed...
Persistent link: https://www.econbiz.de/10010369399
experiment where the decision maker draws twice with replacement in the typical Ellsberg two-color urns, but with a different …
Persistent link: https://www.econbiz.de/10011995488
Does exposure to cognitive load affect key properties of economic behavior? In this experiment, subjects face a series …
Persistent link: https://www.econbiz.de/10015374978