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We report results from a sender-receiver deception game, which tests whether an individual's decision to deceive is influenced by a concern for relative standing in a reference group. The sender ranks six possible outcomes, each specifying a payoff for him and the receiver. A message is then...
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acceptance rates or aversion to inequality. However, we uncover racial differences in ultimatum game behavior on other dimensions … distribution. We also find that blacks are more sensitive to unfair proposals from other blacks. -- racial differences ; inequality …
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social distances, but only one of these decisions is implemented. We decompose altruistic preferences into baseline altruism … towards strangers, and directed altruism towards friends. In order to separate the motives that are altruistic from the ones … the end of the experiment which decision was selected for payment, and a non-anonymous treatment where both players are …
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In economics, the standard approach to language is that talk is cheap. Here, instead, language is a social convention that affects utility. Unless language is used in its ordinary sense, it cannot help to coordinate actions because there is no way of decoding it. This points to a unique...
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