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complementarities between controlled lab and representative panel data. In a simple principal-agent experiment agents produce revenue by … experiment we record agents' heart rate variability, which is an indicator of stress-related impaired cardiac autonomic control … payment and heart rate variability. Building on these findings, we further test for potential adverse health effects of unfair …
Persistent link: https://www.econbiz.de/10011557349
Persistent link: https://www.econbiz.de/10011855589
associations with the allocations to estimate responsibility-sensitive weights that reflect inequality aversion and health … non-smokers, respectively. Inequality aversion lowers weights on females and non-smokers, who are health-advantaged, and …We estimate responsibility-sensitive welfare weights for health that facilitate inequalityand inequity-sensitive policy …
Persistent link: https://www.econbiz.de/10014577916
We design a novel experiment to identify aversion to pure (univariate) health inequality separately from aversion to … income-related and income-caused health inequality. Participants allocate resources to determine health of individuals … preferences while accounting for noise. The median person has strong aversion to pure health inequality, challenging the health …
Persistent link: https://www.econbiz.de/10014249848
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
Subjective evaluations in many contexts might be affected by decision-makers' social preferences. To explore this phenomenon, we use data from soccer referees' decisions. According to soccer rules, referees are expected to evaluate each episode independently, without taking into account previous...
Persistent link: https://www.econbiz.de/10015144090
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