Publication: Entitlement and the efficiency-equality trade-off: an experimental study
Entitlement and the efficiency-equality trade-off: an experimental study
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Bäker, A., Güth, W., Pull, K., & Stadler, M. (2014). Entitlement and the efficiency-equality trade-off: an experimental study. Theory and Decision, 76(2), 225–240. https://doi.org/10.1007/s11238-013-9364-5
Abstract
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Abstract
When randomly assigning participants to experimental roles and the according payment prospects, participants seem to receive “manna from heaven.” In our view, this seriously questions the validity of laboratory findings. We depart from this by auctioning off player roles via the incentive compatible random price mechanism thus avoiding the selection effect of competitive second price auctions. Our experiment employs the generosity game where the proposer chooses the size of the pie, facing an exogenously given own agreement payoff, an
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- Bäker, Agnes
- Güth, Werner
- Pull, Kerstin
- Stadler, Manfred
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Bäker, A., Güth, W., Pull, K., & Stadler, M. (2014). Entitlement and the efficiency-equality trade-off: an experimental study. Theory and Decision, 76(2), 225–240. https://doi.org/10.1007/s11238-013-9364-5
