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Empirical studies have shown that preferences for redistribution are significantly correlated with expectations of future mobility and the belief that society offers equal opportunities. We add to previous research by investigating the role of individual and social norms on rent seeking. We find...
Persistent link: https://www.econbiz.de/10015243239
Many experimental studies report that economics students tend to act more selfishly than students of other disciplines, a finding that received widespread public and professional attention. Two main explanations that the existing literature offers for the differences found in the behavior...
Persistent link: https://www.econbiz.de/10015213431
Social stratification, segregation and inequity invite concerns about fairness and social harmony. Our game-theoretic and experimental results indicate that they can also be detrimental to productivity, efficiency, and welfare. Class is defined by players’ resources, incentives to make a...
Persistent link: https://www.econbiz.de/10015214241
Taking note of the wide variety and growing list of models in the literature to explain patterns of behavior observed in laboratory experiments, this paper identifies two tests, the Variety Test (ability of a model to explain outcomes under variety or alternative scenarios) and the Psychological...
Persistent link: https://www.econbiz.de/10015216536
We report laboratory data on earned wealth effects in a series of anonymous dictator games. In addition to a standard (baseline) treatment in which wealth was determined by the experimenter, we conduct treatments in which either the dictator or the receiver earned wealth used in the subsequent...
Persistent link: https://www.econbiz.de/10015216938
Taking note of the wide variety and growing list of models in the literature to explain patterns of behavior observed in laboratory experiments, this paper identifies two tests, the Variety Test (ability of a model to explain outcomes under variety or alternative scenarios) and the Psychological...
Persistent link: https://www.econbiz.de/10015217963
-interest can obscure our measures of social preferences. This paper describes a simple experiment to address this. We compare the …
Persistent link: https://www.econbiz.de/10015219019
We experimentally investigate the effect of endowment allocation procedures on social preferences using a two-stage dictator game. In the first stage, participants who were randomly selected as allocators had to perform a task in order to earn money. Better performance on the task resulted in...
Persistent link: https://www.econbiz.de/10015221023
results of the first experiment, to our knowledge, to study fairness views about risk-taking, specifically whether such views …
Persistent link: https://www.econbiz.de/10015222692
describes a simple experiment that decomposes behavior into these three forces and examines their interactions without the …
Persistent link: https://www.econbiz.de/10015224636