Xiao, Erte; Bicchieri, Cristina - In: Journal of Economic Psychology 31 (2010) 3, pp. 456-470
Inequity aversion and reciprocity have been identified as two primary motives underlying human decision-making. However, because income and wealth inequalities exist to some degree in all societies, these two key motives can point to different decisions. In particular, when a beneficiary is less...