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Business management games have been used for decades, primarily for educational purposes, training, and entertainment. More recently, the use of such games has expanded to an experimental platform. Usually business management games are directly designed and developed for one or more of these...
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This paper investigates - in a large heterogeneous sample - the relationship between social preferences on the one hand, and socioeconomic factors and political preferences on the other hand. Socioeconomic factors correlate with social preferences, and social preferences robustly shape political...
Persistent link: https://www.econbiz.de/10011714571
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
This paper dissects distributional preferences with group identity in a modified dictator game. I estimate individual-level utility functions with two parameters that govern the trade-offs between equity and efficiency and giving to self and to other. Subjects put on average less weight on...
Persistent link: https://www.econbiz.de/10011591959
We investigate whether violations of canonical axioms of choice under risk are mistakes or a manifestation of true preferences. First, we elicit axiom and gamble preferences and then allow subjects to revise their potentially conflicting preferences. Among the behavioral patterns that allow for...
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Are upper class individuals less ethical? Highly popularized research findings support this notion. This paper provides a novel test to evaluate the relationship between social status and ethical behavior. We successfully prime a large heterogeneous sample of the German population as either high...
Persistent link: https://www.econbiz.de/10012220102