Showing 1 - 10 of 373
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
relationship between inequality of entitlements, mortality risk, and the size of redistribution in a stylized social security …
Persistent link: https://www.econbiz.de/10013174148
Many information structures generate correlated rather than mutually independent signals, the news media being a prime example. This paper shows experimentally that in such contexts many people neglect these correlations in the updating process and treat correlated information as independent. In...
Persistent link: https://www.econbiz.de/10010211474
Theory of mind and individual preferences are important determinants in social decision making. The current study examined in a large sample whether being a cooperative preference type is related with better theory of mind skills. Furthermore, by testing adolescents and adults, we examined the...
Persistent link: https://www.econbiz.de/10009689352
We analyze distributional preferences in games in which a decider chooses the provision of a good that benefits a receiver and creates costs for a group of payers. The average decider takes into account the welfare of all parties and has concerns for efficiency. However, she attaches similar...
Persistent link: https://www.econbiz.de/10010250170
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
We examine whether belief-based preferences - caring about what transgressors believe - play a crucial role in punishment decisions: Do punishers want to make sure that transgressors understand why they are being punished, and is this desire to affect beliefs often prioritized over distributive...
Persistent link: https://www.econbiz.de/10012166019
inequality aversion over current consumption allocations. Inequality aversion lifts the consumption path of the poor region …, while the rich region must take a greater share of the climate burden. Furthermore, with inequality aversion, the optimal …. However, loans to poor countries to reduce inequality may result in a debt crisis, and hence, debt remittance may be part of …
Persistent link: https://www.econbiz.de/10009754514
Changes in product characteristics on the extensive margin are an important and hitherto neglected dimension of quality change. Standard techniques for quality-adjusting price indices cannot handle such changes satisfactorily, which leads to an economically and statistically significant bias in...
Persistent link: https://www.econbiz.de/10011977187