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We present a simple two-steps procedure for a within-subject test of the inequity aversion model of Fehr and Schmidt (1999). In the first step, subjects played modified ultimatum and dictator games and were classified according to their preferences. In the second step, subjects with specific...
Persistent link: https://www.econbiz.de/10010297936
This paper investigates in how far equity preferences may matter for climate negotiations. For this purposes we conducted a simple experiment with people who have been involved in international climate policy. The experiment, which was run via the Internet, consisted of two simple non-strategic...
Persistent link: https://www.econbiz.de/10010297962
In this paper, we analyse if individual inequality aversion measured with simple experimental games depends on whether the monetary endowment in these games is either a windfall gain ("house money") or a reward for a certain effort-related performance. Moreover, we analyse whether the way of...
Persistent link: https://www.econbiz.de/10010299932
We present a simple two-steps procedure for a within-subject test of the inequity aversion model of Fehr and Schmidt (1999). In the first step, subjects played modified ultimatum and dictator games and were classified according to their preferences. In the second step, subjects with specific...
Persistent link: https://www.econbiz.de/10014050068
Theories of fairness preferences have gained remarkable attention throughout much of recent economic literature. Formal models have been proposed which are able to explain behaviour that is yet unexplained by the classical model of the strictly egocentric economic man ("homo oeconomicus"). These...
Persistent link: https://www.econbiz.de/10013147752
In this paper, we analyse if individual inequality aversion measured with simple experimental games depends on whether the monetary endowment in these games is either a windfall gain (“house money”) or a reward for a certain effort-related performance. Moreover, we analyse whether the way of...
Persistent link: https://www.econbiz.de/10003922993
Persistent link: https://www.econbiz.de/10009655239
Persistent link: https://www.econbiz.de/10008697873
We present a simple two-steps procedure for a within-subject test of the inequity aversion model of Fehr and Schmidt (1999). In the first step, subjects played modified ultimatum and dictator games and were classified according to their preferences. In the second step, subjects with specific...
Persistent link: https://www.econbiz.de/10003527568
This paper investigates in how far equity preferences may matter for climate negotiations. For this purposes we conducted a simple experiment with people who have been involved in international climate policy. The experiment, which was run via the Internet, consisted of two simple non-strategic...
Persistent link: https://www.econbiz.de/10003562171