Teyssier, Sabrina - Thurgauer Wirtschaftsinstitut an der Universität Konstanz - 2009
terms of social and risk preferences. We modelize preferences according to the inequity aversion model of Fehr and Schmidt … with the contribution decision of first movers. Second movers with sufficiently high advantageous inequity aversion free … inequity aversion of first movers is found in the data while theory predicted it. Our results underline the importance of …