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We analyze the effects of introducing asymmetric information in an investment game (Berg et al., 1995), in which the division of an economic surplus between a trustor and a trustee is not contractible. Backward induction suggests that rational self-interested players would not voluntarily engage...
Persistent link: https://www.econbiz.de/10014094946
We report results from three well-known experimental paradigms, where we use time, rather than money, as the salient component of subjects’ incentives. The three experiments, commonly employed to study social preferences, are the dictator game, the ultimatum game and the trust game. All...
Persistent link: https://www.econbiz.de/10014166253
for me, payoff for the other). This draws attention to inequality in payoffs and thus gives weight to fairness concerns …
Persistent link: https://www.econbiz.de/10011295782
We estimate responsibility-sensitive welfare weights for health that facilitate inequalityand inequity-sensitive policy evaluation. In a UK general population sample, 569 online experiment participants distribute constrained resources to determine the health of hypothetical individuals...
Persistent link: https://www.econbiz.de/10014577916
Although different approaches and methods have been used to measure inequality aversion, there remains no consensus about its drivers at the individual level. We conducted an experiment on a sample of more than 1800 first-year undergraduate economics and business students in Uruguay to...
Persistent link: https://www.econbiz.de/10012697782
People with higher-incomes tend to support less redistribution than lower-income people. This has been attributed not … underlying inequality, differing fairness views, and differing perceptions of social norms. In this study, we directly measure … each of these mechanisms and compare their mediating roles in the relationship between status and redistribution. In our …
Persistent link: https://www.econbiz.de/10014477403
prosocial motivations related to fairness are completely removed. In our experiment, the only reason to make a non-zero offer is …
Persistent link: https://www.econbiz.de/10014166293
We address a basic diffculty with incorporating fairness into standard utilitarian choice theories. Standard … randomize. Our results indicate that fairness concerns are conducive to behavioral anomalies that the standard utilitarian model …
Persistent link: https://www.econbiz.de/10003909311
In Becker et al. (2013a,b), we proposed a theory to explain giving behaviour in dictator experiments by a combination of selfishness and a notion of justice. The theory was tested using dictator, social planner, and veil of ignorance experiments. Here we analyse gender differences in preferences...
Persistent link: https://www.econbiz.de/10011339883
In Becker et al. (2013a,b), we proposed a theory to explain giving behaviour in dictator experiments by a combination of selfishness and a notion of justice. The theory was tested using dictator, social planner, and veil of ignorance experiments. Here we analyse gender differences in preferences...
Persistent link: https://www.econbiz.de/10011327335