Bartling, Björn; Fehr, Ernst; Herz, Holger - 2014 - Revised version, June 2014
Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental …—at least partly—from an assumed positive intrinsic value of decision rights. Providing clean evidence for the existence of this … data reveal that the large majority of our subjects intrinsically value decision rights beyond their instrumental benefit …