The Role of Equality, Efficiency, and Rawlsian Motives in Social Preferences: A Reply to Engelmann and Strobel
AbstractIn a recent paper Engelmann and Strobl claim that a combination of a preference for efficiency and a Rawlsian motive for helping the least well-off is far more important than inequity aversion. Here we show that the relevance of the efficiency motive is largely restricted to students of economics and business administration. Students from other disciplines, adult academics from various disciplines and senior citizens value equality much higher than efficiency. Moreover, there is rather strong evidence that the relevance of the efficiency motive and the Rawlsian motive is largely restricted to non-strategic interactions.
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Bibliographic InfoPaper provided by Institute for Empirical Research in Economics - University of Zurich in its series IEW - Working Papers with number 179.
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Social Preferences; Inequity Aversion; Efficiency preferences; Rawlsian Preferences;
Find related papers by JEL classification:
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
- 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-2004-02-23 (All new papers)
- NEP-CDM-2004-02-23 (Collective Decision-Making)
- NEP-MIC-2004-02-23 (Microeconomics)
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- Daruvala, Dinky, 2006. "Would The Right Social Preference Model Please Stand Up!," Working Papers in Economics 210, University of Gothenburg, Department of Economics.
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