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Revealed distributional preferences: Individuals vs. teams

Balafoutas, Loukas; Kerschbamer, Rudolf; Kocher, Martin; … - In: Journal of Economic Behavior & Organization 108 (2014) C, pp. 319-330

We compare experimentally the revealed distributional preferences of individuals and teams in allocation tasks. We find that teams are significantly more benevolent than individuals in the domain of disadvantageous inequality while the benevolence in the domain of advantageous inequality is...

Persistent link: https://www.econbiz.de/10011116894

Altruism and fairness in experimental decisions

Kohler, Stefan - In: Journal of Economic Behavior & Organization 80 (2011) 1, pp. 101-109

Experimental evidence from dictator games and simple choice situations indicates concerns for fairness and social welfare in human decision making. At the same time, models of inequality averse agents fail to explain the experimental data of individuals who reduce their payoff below a fair split...

Persistent link: https://www.econbiz.de/10010573083

Are dictators averse to inequality?

Korenok, Oleg; Millner, Edward L.; Razzolini, Laura - In: Journal of Economic Behavior & Organization 82 (2012) 2, pp. 543-547

We present the results of an experiment designed to identify more clearly the motivation underlying dictators’ behavior. In the typical dictator game, recipients are given no endowment. We give an endowment to the recipient as well as the dictator. This new dimension allows us to test directly...

Persistent link: https://www.econbiz.de/10010576933

Betrayal aversion versus principled trustfulness—How to explain risk avoidance and risky choices in trust games

Fetchenhauer, Detlef; Dunning, David - In: Journal of Economic Behavior & Organization 81 (2012) 2, pp. 534-541

Are decisions in a trust game more or less sensitive to changes in risk than decisions in a purely financial, non …-social decision-making task? Participants in a binary trust game (they could either keep $5 for sure or give it to a trustee with the … 80 percent and then were asked to decide whether to trust that other person. In addition, participants made a decision in …

Persistent link: https://www.econbiz.de/10011048084

Signs and (counter)signals of trustworthiness

Gambetta, Diego; Székely, Áron - In: Journal of Economic Behavior & Organization 106 (2014) C, pp. 281-297

trust game. Subjects play a dictator game unaware that later they will play a trust game and that their level of generosity … in the dictator game will be revealed to trusters, with some inaccuracy, before trusters decide whether to trust or not …

Persistent link: https://www.econbiz.de/10011048230

Would you mind if I get more? An experimental study of the envy game

Casal, Sandro; Güth, Werner; Jia, Mofei; Ploner, Matteo - In: Journal of Economic Behavior & Organization 84 (2012) 3, pp. 857-865

Envy is often the cause of mutually harmful outcomes. We experimentally study the impact of envy in a bargaining setting in which there is no conflict in material interests: a proposer, holding the role of residual claimant, chooses the size of the pie to be shared with a responder, whose share...

Persistent link: https://www.econbiz.de/10011048077

Strategic ignorance in ultimatum bargaining

Conrads, Julian; Irlenbusch, Bernd - In: Journal of Economic Behavior & Organization 92 (2013) C, pp. 104-115

In his classic article “An Essay on Bargaining” Schelling (1956) argues that ignorance might actually be strength rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave-it bargaining experiment where the proposer can choose between two possible offers....

Persistent link: https://www.econbiz.de/10011048133

Racial differences in inequality aversion: Evidence from real world respondents in the ultimatum game

Griffin, John; Nickerson, David; Wozniak, Abigail - In: Journal of Economic Behavior & Organization 84 (2012) 2, pp. 600-617

The distinct historical and cultural experiences of American blacks and whites may influence whether members of these groups perceive a particular exchange as fair. We investigate racial differences in fairness standards using preferences for equal treatment in the ultimatum game. We focus on...

Persistent link: https://www.econbiz.de/10010594596

Scale manipulation in dictator games

Ockenfels, Axel; Werner, Peter - In: Journal of Economic Behavior & Organization 97 (2014) C, pp. 138-142

We let subjects estimate behavior and expectations of others before they play dictator games, and only vary the quantitative scales for their estimates. Our data show that this manipulation may significantly affect economic decisions: dictators who are presented a scale with a higher midpoint...

Persistent link: https://www.econbiz.de/10010737913

Too smart to be selfish? Measures of cognitive ability, social preferences, and consistency

Chen, Chia-Ching; Chiu, I-Ming; Smith, John; Yamada, Tetsuji - In: Journal of Economic Behavior & Organization 90 (2013) C, pp. 112-122

Although there is an increasing interest in examining the relationship between cognitive ability and economic behavior, less is known about the relationship between cognitive ability and social preferences. We investigate the relationship between consequential measures of cognitive ability and...

Persistent link: https://www.econbiz.de/10010665886

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