Showing 1 - 10 of 322
health and education government spending on income inequality in the European Union over the 2002-2015 period. In this …
Persistent link: https://www.econbiz.de/10011985581
Social identity is an important driver of behavior. But where do difierences in social identity come from? We use a novel laboratory experiment based on a revealed preference approach to analyze how individuals choose their identity. Facing a trade-off between monetary payments and belonging to...
Persistent link: https://www.econbiz.de/10011712736
interdependence of individual risk attitudes and inequality aversion as two decisive behavioral determinants in such contexts. Our … amplified under favorable income inequality. People's choices are also are sensitive to their degree of inequality aversion. …
Persistent link: https://www.econbiz.de/10011712741
We study if and how social preferences extend to risky environments. By providing experimental evidence on different versions of dictator games with risky outcomes, we establish that social preferences of players who give in standard dictator games are best described by concerns for the...
Persistent link: https://www.econbiz.de/10010273622
concentration indices for socioeconomic inequality in health based on the European Community Household Panel (ECHP) is presented … WORDS: Inequality, Health, Social Capital, European Community Household Panel, Ordered probit. JEL CATEGORY: D31, D63, I10 …In this paper the causal effects of socioeconomic status, in particular income, on individuals health in the European …
Persistent link: https://www.econbiz.de/10011318848
a series of incentivized laboratory experiments we show that a large majority of participants either strongly …
Persistent link: https://www.econbiz.de/10011301411
We test whether social reference points impact individual risk taking. In a laboratory experiment, decision makers observe the earnings of a peer subject before making a risky choice. We exogenously manipulate the peer earnings across two treatments. We find a significant treatment effect on...
Persistent link: https://www.econbiz.de/10011301485
We consider the interaction of intrinsic motivation and concerns for social approval in a laboratory experiment. We elicit a proxy for Fairtrade preferences before the experiment. In the experiment, we elicit willingness to pay for conventional and Fairtrade chocolate. Treatments vary whether...
Persistent link: https://www.econbiz.de/10010329282
Do contracts provide reference points that affect ex post behavior? We address this question in a canonical buyer-seller relationship with renegotiation. Our paper provides causal experimental evidence that an initial contract has a highly significant and economically important impact on...
Persistent link: https://www.econbiz.de/10010329338
In a fair division game an indivisible object with an unknown common value is owned by a group of individuals and should be allocated to one of them while the others are compensated monetarily. Implementing fair division games in the lab, we fi nd many occurrences of the winner's curse under the...
Persistent link: https://www.econbiz.de/10010329339