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We explore the interaction between fairness attitudes and reference dependence both theoretically and experimentally …. Our theory of fairness behavior under reference-dependent preferences in the context of ultimatum games, defines fairness …
Persistent link: https://www.econbiz.de/10010691566
We explore the interaction between fairness attitudes and reference dependence both theoretically and experimentally …. Our theory of fairness behavior under reference-dependent preferences in the context of ultimatum games, defines fairness …
Persistent link: https://www.econbiz.de/10010190129
There is little consensus on whether women are more generous than men; some research results indicate a higher propensity towards giving of female dictators, whilst others suggest the opposite. Two explanations have been put forward. According to the first one, women are more generous than men...
Persistent link: https://www.econbiz.de/10010488294
We analyze reciprocal behavior when moral wiggle room exists. Dana et al. (2007) show that giving in a dictator game is only partly due to distributional preferences as the giving rate drops when situational excuses for selfish behavior are provided. Our binary trust game closely follows their...
Persistent link: https://www.econbiz.de/10011576929
correlated with giving in the absence of risk. We find limited support for existing models of ex-post and ex-ante fairness. Our …
Persistent link: https://www.econbiz.de/10011565561
People's fairness preferences are an important constraint for what constitutes an acceptable economic transaction, yet … arising from previous transactions play an important role in shaping perceptions of fairness. Buyers used to high market … two classes of models of path-dependent fairness preferences - either based on endogenous fairness reference points or …
Persistent link: https://www.econbiz.de/10011482926
Two deviations of alternating-offer bargaining behavior from economic theory are observed together, yet have been studied separately. Players who could secure themselves a large surplus share if bargainers were purely self-interested incompletely exploit their advantage. Delay in agreement...
Persistent link: https://www.econbiz.de/10009754119
The rejection of unfair proposals in ultimatum games is often quoted as evidence of other-regarding preferences. In this paper we focus on those responders who accept any proposals, setting the minimum acceptable offer (MAO) at zero. While this behavior could result from the randomization...
Persistent link: https://www.econbiz.de/10010990739
groups perceive a particular exchange as fair. We investigate racial differences in fairness standards using preferences for …
Persistent link: https://www.econbiz.de/10009233933
People's fairness preferences are an important constraint for what constitutes an acceptable economic transaction, yet … play an important role in shaping perceptions of fairness. Buyers used to high market prices, for example, are more likely …-dependent fairness preferences - either based on endogenous fairness reference points or based on shifts in salience - that can account …
Persistent link: https://www.econbiz.de/10012987400