This paper studies the response times of experimental subjects playingthe Ultimatum game in a laboratory setting using monetary incentives.We find that proposals are not significantly correlated with responsetime, whereas responders’ behavior is positively and significantlycorrelated. Hence,...

Which inequalities among individuals are considered unjust? This paper reportsthe results of an experiment designed to study distributive choices dealing with arbitrarilyunequal initial endowments. In a three-person distribution problem wheresubjects either know or do not know their endowments,...

Conventions can be narrowly interpreted as coordinated ways of equilibriumplay, i.e., a specific convention tells all players in a game withmultiple strict equilibria which equilibrium to play. In our view, coordinationoften takes place before learning about the games. Thus, one hasto coordinate...

This paper aims to analize the role of personal identity in decision making. To this end, it starts by reviewing critically the growing literature on economics and identity. Considering the ambiguities that the concept of social identity poses, our proposal focuses on the concept of personal...

This paper aims to analize the role of personal identity in decision making. To this end, it starts by reviewing critically the growing literature on economics and identity. Considering the ambiguities that the concept of social identity poses, our proposal focuses on the concept of personal...