Showing 61 - 70 of 659,967
. A CES utility function which rationalizes average behavior implies altruism in bilateral situations and welfare …
Persistent link: https://www.econbiz.de/10010341926
. A CES utility function which rationalizes average behavior implies altruism in bilateral situations and welfare …
Persistent link: https://www.econbiz.de/10010250170
Traditional economic theory assumes individuals to be entirely rational actors who are solely maximizing their own …
Persistent link: https://www.econbiz.de/10014198379
Meritocracies aspire to reward hard work and promise not to judge individuals by the circumstances into which they were born. However, circumstances often shape the choice to work hard. I show that people's merit judgments are "shallow" and insensitive to this effect. They hold others...
Persistent link: https://www.econbiz.de/10014390238
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/10012990995
Meritocracies aspire to reward effort and hard work but promise not to judge individuals by the circumstances they were born into. The choice to work hard is, however, often shaped by circumstances. This study investigates whether people's merit judgments are sensitive to this endogeneity of...
Persistent link: https://www.econbiz.de/10012614805
experimental data on dictator and ultimatum games. Finally, we show how to identify the levels of altruism and fair outcomes using …
Persistent link: https://www.econbiz.de/10012900133
People often tend to be more other-regarding in the laboratory than in the real world. This experiment uses between-subject variations of adapted dictator games to investigate thelarger complexity of finding out the consequences of one’s choices in the real world as asource for that...
Persistent link: https://www.econbiz.de/10013296953
There is vast heterogeneity in the human willingness to weigh others' interests in decision making. This heterogeneity raises the question how one can parsimoniously model and characterize heterogeneity across several dimensions of social preferences while still being able to predict behavior...
Persistent link: https://www.econbiz.de/10011421679
Working hard is costly, so people should work wisely. Yet, they do not always work efficiently, spending their effort on tasks that do not bring tangible benefits. One reason that potentially amplifies inefficient working is that people work in social environments where they are observed and...
Persistent link: https://www.econbiz.de/10012119646