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Considerable experimental evidence suggests that non-pecuniary motives must be addressed when modeling behavior in economic contexts. Recent models of non-pecuniary motives can be classified as either altruism-based, equity-based, or reciprocity-based. We estimate and compare leading approaches...
Persistent link: https://www.econbiz.de/10010538330
This paper investigates whether information about generosity or fairness can be useful in lowering dispute costs and …
Persistent link: https://www.econbiz.de/10010538336