Showing 1 - 10 of 87
We study in a sample of 1,070 primary school children, aged seven to eleven years, how altruism in a donation experiment is related to children’s risk attitudes and intertemporal choices. Examining such a relationship is motivated by theories of reciprocal altruism that provide a cornerstone...
Persistent link: https://www.econbiz.de/10010401354
With the rise of experimental research in the social sciences, numerous methods to elicit and classify people's risk attitudes in the laboratory have evolved. However, evidence suggests that people's attitudes towards risk may change considerably when measured with different methods. Based on a...
Persistent link: https://www.econbiz.de/10012098392
This paper proposes a geometric delineation of distributional preference types and a non-parametric approach for their identification in a two-person context. It starts with a small set of assumptions on preferences and shows that this set (i) naturally results in a taxonomy of distributional...
Persistent link: https://www.econbiz.de/10010191920
We elicit distributional fairness ideals of impartial spectators using an incentivized economic experiment in a large and heterogeneous sample of the German population. Our dataset allows us to relate our experimental data on fairness ideals to a large range of socio-demographic characteristics,...
Persistent link: https://www.econbiz.de/10011644666
We elicit distributional fairness ideals of impartial spectators using an incentivized elicitation in a large and heterogeneous sample of the German population. We document several empirical facts: i) egalitarianism is the predominant ideal; ii) females are more egalitarian than men; iii) men...
Persistent link: https://www.econbiz.de/10012008999
Based on a small set of assumptions on preferences, Kerschbamer (2015) introduces a geometric delineation of distributional preferences and a parsimonious, non-parametric identification procedure - the Equality Equivalence Test (eet). The assumptions of the test result in a mutually exclusive...
Persistent link: https://www.econbiz.de/10012228193
We examine behavior in one-shot appropriation games with deterministic and probabilistic degradation externalities, where the marginal net benefit from appropriation is endogenous, dependent on individuals' expectations of group appropriation. The experimental design involves a menu of games...
Persistent link: https://www.econbiz.de/10010462744
Persistent link: https://www.econbiz.de/10008657601
We develop a simple experimental setting to evaluate the role of the Taylor principle, which holds that the nominal interest rate has to respond more than one-for-one to fluctuations in the inflation rate. In our setting, the average inflation rate fluctuates around the inflation target if the...
Persistent link: https://www.econbiz.de/10009742311
This study examines appropriation decisions in a linear appropriation game setting with variations in the resource damage from appropriation and simultaneous variations in the resource damage and the opportunity cost of conservation, where the ratio of these two variables is held constant. In...
Persistent link: https://www.econbiz.de/10009742316