Do White and Black Americans differ in their response to fair versus unfair treatment, and do these reactions depend on whether treatment is intentional? We study an ultimatum game in which we non-deceptively vary three dimensions: racial identities of participants, offer inequality, and whether...

Optimale Geldpolitik bei einer flexiblen Regel der Preissetzung Die Neutralität systematischer Geldpolitik wird in einem repräsentativen makroökonomischen Modell untersucht, das durch eine flexible Regel der Preissetzung gekennzeichnet ist, die als Spezialfälle sowohl einen...

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