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We investigate the presence and stability of dynamically inconsistent time preferences across contexts with and without interpersonal trade-offs. In a longitudinal experiment subjects make a series of intertemporal allocation decisions of real-effort tasks between themselves and another person....
Persistent link: https://www.econbiz.de/10012099067
We investigate the effects of wealth inequality on the incentives to contribute to a public good or a team output when agents are inequity averse. We show that inequality may increase total output when it favors the more able agents. Moreover, the more inequity averse the agents, the larger...
Persistent link: https://www.econbiz.de/10010270183
Many situations in the social and economic life are characterized by rivalry and conflict between two or more competing groups. Warfare, socio-political conflicts, political elections, lobbying, and R&D competitions are all examples of inter-group conflicts in which groups spend scarce and...
Persistent link: https://www.econbiz.de/10012287803