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Heap, Shaun Hargreaves; Tan, Jonathan H. W.; Zizzo, … - 2009

We present an experimental investigation of how inequality affects trust and trustworthiness in non market and in … than they are in the non market settings, but trust in markets appears generally more vulnerable to the introduction of …

Persistent link: https://www.econbiz.de/10014209212

Social norms on rent seeking and preferences for redistribution

Sabatini, Fabio; Sarracino, Francesco; Yamamura, Eiji - 2014 - Preprint

Empirical studies have shown that preferences for redistribution are significantly correlated with expectations of future mobility and the belief that society offers equal opportunities. We add to previous research by investigating the role of individual and social norms on rent seeking. We find...

Persistent link: https://www.econbiz.de/10010381041

The social preferences of democratically elected decision makers and the conflict between wealth generation and distribution

Gaudeul, Alexia; Keser, Claudia - 2017

We run a laboratory experiment where some participants are selected to make investment decisions on behalf of others. We test whether a democratic context influences the social preferences of decision makers in terms of efficiency, altruism and concern for inequality. We find that decision...

Persistent link: https://www.econbiz.de/10011753528

The role of equality and equity in social preferences

Fehr, Ernst; Naef, Michael; Schmidt, Klaus M. - 2005

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

Dissecting inequality-averse preferences

Bergolo, Marcelo; Burdín, Gabriel; Burone, Santiago; … - 2021

Although different approaches and methods have been used to measure inequality aversion, there remains no consensus about its drivers at the individual level. We conducted an experiment on a sample of more than 1800 first-year undergraduate economics and business students in Uruguay to...

Persistent link: https://www.econbiz.de/10012697782

On Measuring Compassion in Social Preferences Do Gender, Price of Giving, or Inequality Matter?

Kamas, Linda; Preston, Anne - 2009

This paper incorporates compassion into social preferences and tracks individuals' choices over ten allocation decisions, categorizing participants' behavior more precisely than previous work. We provide important evidence relevant to the on-going debate as to whether social preferences are...

Persistent link: https://www.econbiz.de/10014209940

Chapter 5 The Economic Theory of Gift-Giving: Perfect Substitutability of Transfers and Redistribution of Wealth

Mercier Ythier, Jean - In: Handbook of the economics of giving, altruism and …, (pp. 227-369). 2006

This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...

Persistent link: https://www.econbiz.de/10014023678

Inequality, fairness and social capital

Fehr, Dietmar; Rau, Hannes; Trautmann, Stefan T.; Xu, Yilong - 2018

Abstract: We study the impact of unjust inequality on social trust and trustworthiness, and its separate effect on the …-off person, then we observe no negative effects on trust and trustworthiness in the aggregate. Moreover, our data do not support …; groups of unsuccessful persons are least efficient and least generous in the trust game. …

Persistent link: https://www.econbiz.de/10011874017

Does payoff equity facilitate coordination? : a test of Schelling's conjecture

López-Pérez, Raúl; Pintér, Ágnes; Kiss, Hubert J. - 2013

Starting from Schelling (1960), several game theorists have conjectured that payoff equity might facilitate coordination in normal-form games with multiple equilibria - the more equitable equilibrium might be selected either because fairness makes it focal or because many individuals dislike...

Persistent link: https://www.econbiz.de/10010224794

Absolute vs. relative poverty and wealth : cooperation in the presence of between-group inequality

Levi, Eugenio; Ramalingam, Abhijit - 2023

While inequality in resource endowments has been shown to affect cooperation levels in groups, much of this evidence comes from studies of within-group inequality. In an online public goods experiment, we instead examine the effects of payoff-irrelevant inequality in resources between groups on...

Persistent link: https://www.econbiz.de/10014500522