Showing 1 - 10 of 3,097
Is competition perceived as a fair procedure? We report data from laboratory experiments where a powerful buyer can … inform the debate on the fairness of market outcomes by showing that the use of a competitive procedure can, by itself …
Persistent link: https://www.econbiz.de/10010361425
find that individuals' risk preferences are predictive for giving in both experiments. Increased risk exposure of … 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
In this paper we show that a simple model of fairness preferences explains major experimental regularities of common … pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without …
Persistent link: https://www.econbiz.de/10011398786
Parties in a bargaining situation may perceive guilt, a utility loss caused by receiving the larger share that is modeled in some social preferences. I extend Rubinstein (1982)'s solution of the open-ended alternating-offer bargaining problem for self-interested bargainers to a game with equally...
Persistent link: https://www.econbiz.de/10011108407
Bargainers in an open-ended alternating-offer bargaining situation may perceive envy, a utility loss caused by receiving the smaller share that is modeled in some social preferences in addition to self-interest. I extend Rubinstein (1982)'s original solution of the bargaining problem for two...
Persistent link: https://www.econbiz.de/10011112839
Redistribution is an inevitable feature of collective pension schemes and economic experiments have revealed that most … they argue for or against mandatory participation? Should we have less redistribution and more actuarial fairness? How does … this depend on the type of redistribution involved?. -- redistribution ; fairness ; pension ; insurance ; experiment …
Persistent link: https://www.econbiz.de/10008653416
Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can … shading. To analyze fairness perceptions associated with competitive mechanisms, we run laboratory experiments where a single … powerful buyer can trade with one of several sellers- an environment that can lead to pronounced inequality among the …
Persistent link: https://www.econbiz.de/10011405188
inequality, such as differences in effort, luck, or opportunities. We study how fairness views and the extent of redistribution …The steady increase in inequality over the past decades has revived a lively debate about what can be considered a fair … inequality. We focus on situations in which the rich have potentially acquired their fortunes by means of cheating. In an …
Persistent link: https://www.econbiz.de/10011674398
We investigate how moral considerations, background conditions and risk can trigger resistance to implement trading institutions. We provide survey results on moral opposition to trade on several goods and services like body organs, sex services, surrogate mothers, trade with developing nations,...
Persistent link: https://www.econbiz.de/10012696933
relationship between inequality of entitlements, mortality risk, and the size of redistribution in a stylized social security …
Persistent link: https://www.econbiz.de/10013174148