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Let the market decide : an experimental study of competition and fairness

Bartling, Björn; Grieder, Manuel; Zehnder, Christian - 2014

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

Does competition justify inequality?

Bartling, Björn; Grieder, Manuel; Zehnder, Christian - 2015

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

Does willful ignorance deflect punishment? : an experimental study

Bartling, Björn; Engl, Florian; Weber, Roberto A. - 2013

This paper studies whether people can avoid punishment by remaining willfully ignorant about possible negative consequences of their actions for others. We employ a laboratory experiment, using modified dictator games in which a dictator can remain willfully ignorant about the payoff...

Persistent link: https://www.econbiz.de/10009764955

Fairness in winner-take-all markets

Bartling, Björn; Cappelen, Alexander W.; Ekström, Mathias - 2018

The paper reports the first experimental study on people's fairness views on extreme income inequalities arising from … winner-take-all reward structures. We find that the majority of participants consider extreme income inequality generated in …" fairness argument for no redistribution: the winner deserves all the earnings because these earnings were determined by his or …

Persistent link: https://www.econbiz.de/10011847544

Game form misconceptions do not explain the endowment effect

Bartling, Björn; Engl, Florian; Weber, Roberto A. - 2014

We test the claim that game form misconception among subjects making choices through the Becker-DeGroot-Marschak (BDM) value elicitation procedure provides an explanation for the endowment effect, as suggested by Cason and Plott (forthcoming). We employ a design that allows us to clearly...

Persistent link: https://www.econbiz.de/10010438373

The intrinsic value of decision rights

Bartling, Björn; Fehr, Ernst; Herz, Holger - 2013

Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental value but may also be valuable for their own sake. The ideas of autonomy, freedom, and liberty derive their intuitive appeal - at least partly - from an assumed positive...

Persistent link: https://www.econbiz.de/10009743733

An externality-robust auction : theory and experimental evidence

Bartling, Björn; Netzer, Nick - 2014 - This version: April 2014, First version: November 2013

An auction is externality-robust if unilateral deviations from equilibrium leave the other bidders' payoffs unaffected. The equilibrium and its outcome will then persist if certain types of externalities arise between bidders. One example are externalities due to spiteful preferences, which have...

Persistent link: https://www.econbiz.de/10010347030

Does market interaction erode moral values?

Bartling, Björn; Fehr, Ernst; Özdemir, Yagiz - 2020

The widespread use of markets leads to unprecedented material well-being in many societies. We study whether market interaction, as a side effect, erodes moral values. An encompassing understanding of the virtues and vices of markets, including their possible impact on moral values, is necessary...

Persistent link: https://www.econbiz.de/10012270575

Do markets erode social responsibility?

Bartling, Björn; Weber, Roberto A. - 2013

This paper studies the stability of socially responsible behavior in markets. We develop a laboratory product market in which low-cost production creates a negative externality for third parties, but where alternative production with higher costs entirely mitigates the externality. Our data...

Persistent link: https://www.econbiz.de/10010212675

Expectations as reference points : field evidence from experienced subjects in a competitive, high-stakes environment

Bartling, Björn; Brandes, Leif; Schunk, Daniel - 2012

We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee's assignment of cards,...

Persistent link: https://www.econbiz.de/10009540777