Naef, Michael; Schupp, Jürgen - Institute for the Study of Labor (IZA) - 2009
erent stake sizes
0
.1
.2
.3
.4
.5
.6
0 1 2 3 4 5 6 7 8 9 10 0 1 2 3 4 5 6 7 8 9 10
Endowment of 10 Euro (SOEP 2003 … their income in euro (one point equals
one euro) by cheque sent a few days later.
This design was developed by Fehr ….000
(0.000)
Household income: <2500 Euro -0.083
(Base: <1500 Euro) (0.196)
Household income: <3500 Euro -0.105
(0 …