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Weighing third-party fairness, efficiency, and self-interest in resource allocation decisions

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  • Johansson, Lars-Olof
  • Gustafsson, Mathias
  • Olsson, Lars
  • Garling, Tommy

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  • Johansson, Lars-Olof & Gustafsson, Mathias & Olsson, Lars & Garling, Tommy, 2007. "Weighing third-party fairness, efficiency, and self-interest in resource allocation decisions," Journal of Economic Psychology, Elsevier, vol. 28(1), pages 53-68, January.
    • Handle: RePEc:eee:joepsy:v:28:y:2007:i:1:p:53-68
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    References listed on IDEAS

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    1. Ernst Fehr & Simon Gächter, 2000. "Fairness and Retaliation: The Economics of Reciprocity," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 159-181, Summer.
    2. Werner Güth & Steffen Huck, 1997. "From Ultimatum Bargaining to Dictatorship—an Experimental Study of Four Games Varying in Veto Power," Metroeconomica, Wiley Blackwell, vol. 48(3), pages 262-299, October.
    3. Ernst Fehr & Klaus M. Schmidt, 1999. "A Theory of Fairness, Competition, and Cooperation," The Quarterly Journal of Economics, Oxford University Press, vol. 114(3), pages 817-868.
    4. Axel Ockenfels & Gary E. Bolton, 2000. "ERC: A Theory of Equity, Reciprocity, and Competition," American Economic Review, American Economic Association, vol. 90(1), pages 166-193, March.
    5. Ernst Fehr & Simon Gächter, 2002. "Altruistic punishment in humans," Nature, Nature, vol. 415(6868), pages 137-140, January.
    6. Guth, Werner & Tietz, Reinhard, 1990. "Ultimatum bargaining behavior : A survey and comparison of experimental results," Journal of Economic Psychology, Elsevier, vol. 11(3), pages 417-449, September.
    7. John Kagel & Katherine Wolfe, 2001. "Tests of Fairness Models Based on Equity Considerations in a Three-Person Ultimatum Game," Experimental Economics, Springer;Economic Science Association, vol. 4(3), pages 203-219, December.
    8. Schade, Jens & Schlag, Bernhard, 2000. "Acceptability of Urban Transport Pricing," Research Reports 72, VATT Institute for Economic Research.
    9. Colin F. Camerer & Richard H. Thaler, 1995. "Anomalies: Ultimatums, Dictators and Manners," Journal of Economic Perspectives, American Economic Association, vol. 9(2), pages 209-219, Spring.
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    Cited by:

    1. Choshen-Hillel, Shoham & Lin, Zhenni & Shaw, Alex, 2020. "Children weigh equity and efficiency in making allocation decisions: Evidence from the US, Israel, and China," Journal of Economic Behavior & Organization, Elsevier, vol. 179(C), pages 702-714.
    2. Johansson, Lars-Olof & Svedsäter, Henrik, 2009. "Piece of cake? Allocating rewards to third parties when fairness is costly," Organizational Behavior and Human Decision Processes, Elsevier, vol. 109(2), pages 107-119, July.
    3. Ricky S. Wong & Wai Hung Wong, 2014. "Subadditivity in Resource Allocation: An Experimental Study of the Hong Kong Mandatory Retirement Protection Scheme," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 13(2), pages 93-113, December.

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