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 …

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 …

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 …

relationship between inequality of entitlements, mortality risk, and the size of redistribution in a stylized social security …