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In the recent experimental literature several social preference models have been suggested that address observed behavior not reducible to the pursuit of self-interest. Inequality aversion is one such model where preferences are distributional. Frequently, envy is suggested as the underlying...
Persistent link: https://www.econbiz.de/10005001494
This paper delivers a step toward a naturalistic foundation of the social contract. While mainstream social contract theory is based on an original position model that is defined in an aprioristic way, we endogenize its key elements, i.e., develop them out of the individuals’ moral common...
Persistent link: https://www.econbiz.de/10005765383
, fairness considerations, economic beliefs and several other individual factors drive individual preferences for tax rate … fairness considerations. …
Persistent link: https://www.econbiz.de/10008536035
Departures from pure self interest in economic experiments have recently inspired models of "social preferences". We conduct experiments on simple two-person and three-person games with binary choices that test these theories more directly than the array of games conventionally considered. Our...
Persistent link: https://www.econbiz.de/10005772580
of fairness toward the price mechanism, whereas non-economists did not exhibit significant sensitivity. This sensitivity … fairness. The latter reflects equal treatment in terms of general perceptions, thus this could be interpreted as an increased …
Persistent link: https://www.econbiz.de/10010392311
We use a two-person public goods experiment to distinguish between efficiency and fairness as possible motivations for … results indicate that fairness (or inequality aversion) is more influential than efficiency in driving behavior. …
Persistent link: https://www.econbiz.de/10005090458
In this paper, we examine students' attitudes towards various allocation mechanisms for a scarce resource. For this purpose, we have run a survey among officers of the German military who are enrolled in different courses of study (such as economics) at the University of the German Federal Armed...
Persistent link: https://www.econbiz.de/10005091358
We examine, experimentally and theoretically, how communication within a partnership may mitigate the problem (highlighted in contract theory) of hidden action. What is the form and content of the communication? Which model of decision-making can capture the impact of communication? We consider...
Persistent link: https://www.econbiz.de/10005645507
This paper reports a surprising finding from an experiment on giving to welfare recipients. The experiment tests how offers of money in n-donor dictator games are affected by 1) donors' humanitarian and egalitarian values and 2) direct information about the recipients' work-preferences. People...
Persistent link: https://www.econbiz.de/10005685508
theories of fairness and reciprocity capture these forces. We find that cooperators’ punishment is almost exclusively targeted … between different fairness principles. Fairness theories that are based on the assumption that players compare their own … the defectors. Fairness theories assuming that players aim to minimize payoff inequalities cannot explain the fact that …
Persistent link: https://www.econbiz.de/10005703785