Fershtman, Chaim; Gneezy, Uri; List, John A. - In: American Economic Journal: Microeconomics 4 (2012) 4, pp. 131-44
Inequity aversion models have dominated the behavioral economics landscape in the last decade. This study uses variants of dictator and trust games to provide empirical content to these models. We manipulate market features—such as competition over resources—to demonstrate that extant models...