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In many important economic settings, limited information makes it impossible for decision makers to ensure that each individual gets what he or she deserves. Decision makers are then faced with the trade-off between giving some individuals more than they deserve, false positives, and giving some...
Persistent link: https://www.econbiz.de/10014111716
The paper reports the first experimental study on people's fairness views on extreme income inequalities arising from winner-take-all reward structures. We find that the majority of participants consider extreme income inequality generated in winner-take-all situations as fair, independent of...
Persistent link: https://www.econbiz.de/10012915504
The paper reports the first experimental study on people's fairness views on extreme Income inequalities arising from winner-take-all reward structures. We find that the majority of participants consider extreme income inequality generated in winner-take-all situations as fair, independent of...
Persistent link: https://www.econbiz.de/10012919795
The large experimental literature on competitiveness has typically ignored a key feature of many competitive settings in society: competition is not always fair. The playing field may be uneven and competitors of unequal strength. In our experiment, we systematically vary the fairness of the...
Persistent link: https://www.econbiz.de/10013239607
In a comment to Cappelen, Hole, S. Sorensen, and Tungodden (2007b), Conte and Moffatt (2009) challenge our use of a random utility model when studying individual choices in a fairness experiment. They propose an alternative approach, what we call the random behavioral model, and they show that...
Persistent link: https://www.econbiz.de/10013147726
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Why do people in rich countries not transfer more of their income to people in the world's poorest countries? To study this question and the relative importance of needs, entitlements, and nationality in people's social preferences, we conducted a real effort fairness experiment where people in...
Persistent link: https://www.econbiz.de/10011377115
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