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The article is concerned with understanding the impact of social preferences and wealth inequality on aggregate … microeconomic level and how these in turn translate into macroeconomic outcomes. Increasing the workers' sensitivity to inequality … wealth differences raise aggregate profit and output but entail distributional utility losses and increased inequality …
Persistent link: https://www.econbiz.de/10012421506
We study theoretically and empirically how monetary incentives and information about others' behavior affects dishonesty. We ran a laboratory experiment with 560 participants inspired by the "observed game" developed by Kajackaite and Gneezy (2017). We find that the extensive (the fraction of...
Persistent link: https://www.econbiz.de/10012422359
.8 percentage points. Such impact is especially strong among the more vulnerable elder parents with worse health and little pension … sizes and compelling old parents in bad health to continue working. …
Persistent link: https://www.econbiz.de/10013337731
We develop a model of social preferences for network games and study its predictions in a local public goods game with multiple equilibria. The key feature is that players' social preferences are heterogeneous. This gives room for disagreement between players about the "right" payoff ordering....
Persistent link: https://www.econbiz.de/10013341638
and temporal variation in housing price appreciation linked to individual-level health data in China from 2000 to 2011. We … diseases. This negative health impact is more pronounced among individuals from low-income families, households that purchased … marriage market competition exacerbates these negative health effects, particularly for males and parents with young adult sons …
Persistent link: https://www.econbiz.de/10012426762
information asymmetrically influences expectations of participants in experiments who show different levels of overconfidence. …
Persistent link: https://www.econbiz.de/10012426318
Persistent link: https://www.econbiz.de/10011504772
; Kuznets ratio; Theil inequality index, mean logarithmic deviation, and the Atkinson index. In the study settlements are either …
Persistent link: https://www.econbiz.de/10011504381
This study analyzes the impact of gender and ethnic discrimination on redistributive preferences and productivity using a large online experiment with US citizens on Amazon's Mechanical Turk. Participants are randomly allocated to different payment schemes for a real-effort task. Four payment...
Persistent link: https://www.econbiz.de/10012438196
Many markets ban monetary transfers. Rather than exogenously imposing this constraint, we introduce discrimination-freeness as a desideratum based on egalitarian objectives. Discrimination-freeness requires that an agent's object assignment is independent of his wealth. We show that money cannot...
Persistent link: https://www.econbiz.de/10012438206