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critiques to utilitarianism by satisfying the following three fairness axioms: possibility of trade-offs sets a limit to the …
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conducted a real effort fairness experiment where people in two of the world's richest countries, Norway and Germany, interacted …
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correlated with giving in the absence of risk. We find limited support for existing models of ex-post and ex-ante fairness. Our …
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preferences and fairness considerations. For this, we rely on an extension of the Fehr and Schmidt (1999) utility function …
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for me, payoff for the other). This draws attention to inequality in payoffs and thus gives weight to fairness concerns …
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Is the willingness to make trades influenced by how the total gains from trade are split between the trading partners? We present results from a bilateral trade game (n = 128) where all participants were price-takers and trading pairs faced one of three exogenously imposed trading prices. The...
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