Showing 1 - 10 of 2,930
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10011398368
In this paper we show that a simple model of fairness preferences explains major experimental regularities of common …
Persistent link: https://www.econbiz.de/10011398786
the fairness and unfairness of allocations in three different scenarios (a Dictator game, an Ultimatum game, and a Trust … same session we elicit again their principles regarding the fairness and unfairness of allocations in the same three … norm in its favor and the weak side agrees: Stated fairness is a compromise with power. Second, in most situations …
Persistent link: https://www.econbiz.de/10013104971
We study how individuals adjust their judgment of fairness and unfairness when they are in the position of spectators …
Persistent link: https://www.econbiz.de/10013066038
In two-person generosity games the proposer's agreement payoff is exogenously given whereas that of the responder is endogenously determined by the proposer's choice of the pie size. Earlier results for two-person generosity games show that participants seem to care more for efficiency than for...
Persistent link: https://www.econbiz.de/10003952438
Engelmann and Strobel (AER 2004) claim that a combination of efficiency seeking and minmax preferences dominates inequity aversion in simple dictator games. This result relies on a strong subject pool effect. The participants of their experiments were undergraduate students of economics and...
Persistent link: https://www.econbiz.de/10010343968
In generosity games, one agreement payoff is exogenously given, whereas the other is endogenously determined by the proposer's choice of the "pie" size. This has been shown to induce pie choices which are either efficiency or equality seeking. In our experiment, before playing the generosity...
Persistent link: https://www.econbiz.de/10008758824
the fairness and unfairness of allocations in three different scenarios (a Dictator game, an Ultimatum game, and a Trust … same session we elicit again their principles regarding the fairness and unfairness of allocations in the same three … norm in its favor and the weak side agrees: Stated fairness is a compromise with power. Second, in most situations …
Persistent link: https://www.econbiz.de/10009545257
Engelmann and Strobel (AER 2004) question the relevance of inequity aversion in simple dictator game experiments claiming that a combination of a preference for efficiency and a Rawlsian motive for helping the least well-off is more important than inequity aversion. We show that these results...
Persistent link: https://www.econbiz.de/10010440438
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10013321364