G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3006
DP3006 Federal Intervention to Enhance Shareholder Choice
Lucian Arye Bebchuk; Allen Ferrell
发表日期2001-10-05
出版年2001
语种英语
摘要This Paper shows that identical offers in an ultimatum game generate systematically different rejection rates depending on the other offers that are available to the proposer. This result casts doubt on the consequentialist practice in economics of defining the utility of an action solely in terms of the consequences of the action irrespective of the set of alternatives. It means, in particular, that negatively reciprocal behaviour cannot be fully captured by equity models that are exclusively based on preferences over the distribution of material pay-offs. Models that take into account players? fairness intentions and distributional preferences are consistent with our data while models that focus exclusively on intentions or on the distribution of material pay-offs are not.
主题Industrial Organization
关键词Fairness Intentions Models of fairness
URLhttps://cepr.org/publications/dp3006
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/532017
推荐引用方式
GB/T 7714
Lucian Arye Bebchuk,Allen Ferrell. DP3006 Federal Intervention to Enhance Shareholder Choice. 2001.
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