Revealed distributional preferences: Individuals vs. teams
AbstractWe compare experimentally the revealed distributional preferences of individuals and teams in allocation tasks. We find that teams are significantly more benevolent than individuals in the domain of disadvantageous inequality while the benevolence in the domain of advantageous inequality is similar across decision makers. A consequence for the frequency of preference types is that while a substantial fraction of individuals is classified as inequality averse, this type disappears completely in teams. Spiteful types are markedly more frequent among individuals than among teams. On the other hand, by far more teams than individuals are classified as efficiency lovers.
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Bibliographic InfoPaper provided by Faculty of Economics and Statistics, University of Innsbruck in its series Working Papers with number 2013-17.
Date of creation: Jun 2013
Date of revision:
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Distributional Preferences; Social Preferences; Team Decisions; Individual Decisions; Stability of Preferences; Behavioral Economics; Experimental Economics;
Other versions of this item:
- Balafoutas, Loukas & Kerschbamer, Rudolf & Kocher, Martin G. & Sutter, Matthias, 2013. "Revealed Distributional Preferences: Individuals vs. Teams," Discussion Papers in Economics 15728, University of Munich, Department of Economics.
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
- D03 - Microeconomics - - General - - - Behavioral Economics; Underlying Principles
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-07-15 (All new papers)
- NEP-EVO-2013-07-15 (Evolutionary Economics)
- NEP-EXP-2013-07-15 (Experimental Economics)
- NEP-LTV-2013-07-15 (Unemployment, Inequality & Poverty)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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