In almost all democratic national elections an individual vote cannot change the election outcome. The fact that many individuals nevertheless participate voluntarily in such elections suggests that people do care about democracy as such. This experiment investigates the value of democratic voting rights by providing participants the chance to sell them. More specifically, an incentive …
카테고리 글 보관함:행복DB
Kunreuther, H., &Kleindorfer, P. R. (1986). A sealed-bid auction mechanism for siting noxious facilities. The American Economic Review, 76(2), 295-299.
초록 없음 Kunreuther, H., &Kleindorfer, P. R. (1986). A sealed-bid auction mechanism for siting noxious facilities. The American Economic Review, 76(2), 295-299. https://www.jstor.org/stable/1818783
Bolton, G. E., &Ockenfels, A. (2000). ERC: A theory of equity, reciprocity, and competition. American economic review, 90(1), 166-193.
We demonstrate that a simple model, constructed on the premise that people are motivated by both their pecuniary payoff and their relative payoff standing, organizes a large and seemingly disparate set of laboratory observations as one consistent pattern. The model is incomplete information but nevertheless posed entirely in terms of directly observable variables. The model …
Fehr, E., &Schmidt, K. M. (1999). A theory of fairness, competition, and cooperation. The quarterly journal of economics, 114(3), 817-868.
There is strong evidence that people exploit their bargaining power in competitive markets but not in bilateral bargaining situations. There is also strong evidence that people exploit free-riding opportunities in voluntary cooperation games. Yet, when they are given the opportunity to punish free riders, stable cooperation is maintained, although punishment is costly for those who …
Konow, J. (2003). Which is the fairest one of all? A positive analysis of justice theories. Journal of economic literature, 41(4), 1188-1239.
This paper evaluates numerous positive and normative theories of justice in positive terms, i.e., in terms of how accurately they describe the impartial fairness preferences of real people. In addition, the paper proposes and defends an integrated justice theory based on preferences over four distinct and sometimes conflicting forces. These forces frame the analysis of …
Fong, C. (2006). Prospective mobility, fairness, and the demand for redistribution. Working paper, Carnegie Mellon University.
People who believe that their society has few impediments to upward mobility tend to oppose governmental redistribution. This is true even among the poor. Is this because people with this belief expect to be well off in the future, and hence oppose redistribution on self-interested gounds? Or is it because they believe that the less …
Alesina, A., Di Tella, R., &MacCulloch, R. (2004). Inequality and happiness: are Europeans and Americans different?. Journal of Public Economics, 88(9-10), 2009-2042.
We study the effect of the level of inequality in society on individual well-being using a total of 123,668 answers to a survey question about “happiness”. We find that individuals have a lower tendency to report themselves happy when inequality is high, even after controlling for individual income, a large set of personal characteristics, and …
Schroth, H. A., &Pradhan Shah, P. (2000). Procedures: Do we really want to know them? An examination of the effects of procedural justice on self-esteem.
This study examined the effects of procedural justice on state-dependent self-esteem using the group-value model and attribution theory to present competing theoretical perspectives. The group-value model predicts a positive relationship between self-esteem and fair procedures. In contrast, attribution theory suggests procedural fairness interacts with outcome favorability to influence self-esteem. Thus, fair procedures will result in …
Van den Bos, K., Bruins, J., Wilke, H. A., &Dronkert, E. (1999). Sometimes unfair procedures have nice aspects: On the psychology of the fair process effect.
This article focuses on the psychology of the fair process effect (the frequently replicated finding that perceived procedural fairness positively affects people’s reactions). It is argued that when people receive an unfavorable outcome, they may start looking for causes that explain why they received this outcome. Furthermore, the authors propose that unfair procedures provide an …
Benz, M., &Stutzer, A. (2002). Do workers enjoy procedural utility?. Applied Economics Quarterly 49(2), 149-172.
People are likely to obtain utility not only from actual outcomes, but also from the conditions which lead to these outcomes. This paper empirically tests the notion of procedural utility for the context of work relationships. Using a large survey among British workers, we find substantial procedural effects on the utility workers derive from their …