In this reply, we reiterate the main point of our 2012 paper, which was that the measure of inequality used by Norton and Ariely (2011) was too difficult for it to yield meaningful results. We describe additional evidence for this conclusion, and we also challenge the conclusion that political...

A recent survey of inequality (Norton and Ariely, Perspectives on Psychological Science, 6, 9-12) asked respondents to indicate what percent of the nation's total wealth is---and should be---controlled by richer and poorer quintiles of the U.S. population. We show that such measures lead to...

A gender difference in risk preferences, with women being more averse to risky choices, is a robust experimental finding. Speculating on the sources of this difference, Croson and Gneezy recently pointed to the tendency for women to experience emotions more strongly and suggested that feeling...

In markets with asymmetric information, only sellers have knowledge about the quality of goods. Sellers may of course make a declaration of the quality, but unless there are sanctions imposed on false declarations or reputations are at stake, such declarations are tantamount to cheap talk....

This article investigates the effects of information originating from social networks on the development of interpersonal trust relations in the context of a dialysis department of a Dutch medium-sized hospital. Hypotheses on learning effects are developed from existing theories and tested using...

Many sociologists and economists have maintained that costly sanctions indeed are able to create and sustain cooperation, but under which conditions carrots or sticks are more successful in this respect still an unsettled issue. Dari-Mattiacci and De Geest (2009) recently clarify that the...