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-life outcomes, such as educational achievements, labor market outcomes, or health status. We contribute to the recent literature …
Persistent link: https://www.econbiz.de/10011800548
Personal autonomy has been argued to be fundamental to well-being and is often discussed as an important driver of economic and political behavior. Yet, preferences for autonomy are not well understood, because their identification requires the separation of instrumental value attached to...
Persistent link: https://www.econbiz.de/10014249889
them. Through a pre-registered and theory-guided laboratory experiment, we provide evidence that such reciprocal …
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An influential subset of the literature on distributional preferences studies how preferences condition on information about workers’ characteristics, such as their relative productivity. In this study we confirm that there are default effects when such conditional fair-ness preferences are...
Persistent link: https://www.econbiz.de/10015048991
We study the heterogeneity of preferences regarding the limited substitutability of environmental public goods vis-a-vis private consumption goods and how it affects the economic valuation of environmental public goods. We show theoretically that mean marginal willingness to pay for an...
Persistent link: https://www.econbiz.de/10014578444
Is the willingness to make trades influenced by how the total gains from trade are split between the trading partners? We present results from a bilateral trade game (n = 128) where all participants were price-takers and trading pairs faced one of three exogenously imposed trading prices. The...
Persistent link: https://www.econbiz.de/10012168600