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experiment, a trust game variant, we study whether moral wiggle room also prevails, when reciprocity is a potential motivation …
Persistent link: https://www.econbiz.de/10011446176
We analyze reciprocal behavior when moral wiggle room exists. Dana et al. (2007) show that giving in a dictator game is only partly due to distributional preferences as the giving rate drops when situational excuses for selfish behavior are provided. Our binary trust game closely follows their...
Persistent link: https://www.econbiz.de/10011576929
subjects are exposed to random shocks. We find that aggregate behavior is ex-post and ex-ante inequality averse, but also that … the other. The first presentation draws attention to inequality in payoffs, the second to collective risk. We find that … conclude that ex-post inequality aversion is the primary concern in the evaluation of social lotteries while collective risk is …
Persistent link: https://www.econbiz.de/10011476573
for me, payoff for the other). This draws attention to inequality in payoffs and thus gives weight to fairness concerns … also depends on whether the lottery gives equal payoffs ex-post. Experiments usually present payoffs side-by-side (payoff …
Persistent link: https://www.econbiz.de/10011295782
We conducted an experimental study on social preferences using dictator games similar to Fehr et al. (2008). We show that social preferences differ between participants who receive low-stakes monetary rewards for their decisions and participants who consider hypothetical stakes. The results are...
Persistent link: https://www.econbiz.de/10010208556
favoritism, merit-based fairness ideals, and self-favoring behavior in dictator games. We then show that these patterns also …
Persistent link: https://www.econbiz.de/10014578386
favoritism, merit-based fairness ideals, and self-favoring behavior in dictator games. We then show that these patterns also …
Persistent link: https://www.econbiz.de/10014576953
position vis-á-vis others. Taking a bet can improve oneś position relative to others or threaten it. We present an experiment … of social preferences shows that a high weight given to considerations of ex-ante inequality goes some way towards …
Persistent link: https://www.econbiz.de/10009784058
This paper analyzes a dynamic relational contract for employees with reciprocal preferences. I develop a tractable model to investigate how “direct” performance-pay (promising a bonus in exchange for effort) and generous upfront wages (which activate the norm of reciprocity) interact over...
Persistent link: https://www.econbiz.de/10012241077
This paper analyzes a dynamic relational contract for employees with reciprocal preferences. I develop a tractable model to investigate how "direct" performance-pay (promising a bonus in exchange for effort) and generous upfront wages (which activate the norm of reciprocity) interact over the...
Persistent link: https://www.econbiz.de/10012254054