Fehr, Ernst; Naef, Michael; Schmidt, Klaus M. ![]() |
| 958kB |
Abstract
Engelmann and Strobel (AER 2004) claim that a combination of efficiency seeking and minmax preferences dominates inequity aversion in simple dictator games. This result relies on a strong subject pool effect. The participants of their experiments were undergraduate students of economics and business administration who self-selected into their field of study and learned early on that efficiency is desirable. We show that for non-economists the preference for efficiency is much less pronounced. We also find a gender effect indicating that women are more egalitarian than men. However, perhaps surprisingly, the dominance of equality over efficiency is unrelated to political attitudes.
Item Type: | Paper (Discussion Paper) |
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Keywords: | Social Preferences, Inequity Aversion, Efficiency Preferences |
Faculties: | Special Research Fields > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems Special Research Fields > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems > A4 - Unvollständige Verträge, Marktinteraktion und soziale Vergleichsprozesse Economics Economics > Chairs > Seminar for Economic Theory |
Subjects: | 300 Social sciences > 330 Economics |
JEL Classification: | C7, C91, C92, D63, D64 |
URN: | urn:nbn:de:bvb:19-epub-13518-6 |
Language: | English |
ID Code: | 13518 |
Last Modified: | 04. Nov 2020 12:53 |