| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25326 |
| 来源ID | Working Paper 25326 |
| Equity Concerns are Narrowly Framed | |
| Christine L. Exley; Judd B. Kessler | |
| 发表日期 | 2018-12-10 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | Distributional decisions regularly involve multiple payoff components. In a series of experiments involving over 3,300 subjects and 81,000 decisions, we find that—even when payoff components can be easily aggregated—many subjects exhibit narrow equity concerns, applying fairness preferences to a single component of payoffs. This behavior leads to preference reversals; subjects make different choices depending on which payoff component is used to denominate their decision. In our simplest setting, in which the two payoff components are small and large tokens, displaying narrow equity concerns is 63%–83% as prevalent as achieving equity in total payoffs and just as prevalent as applying the well-documented norm of a 50/50-split. Subjects also exhibit narrowly equity concerns over payoffs of time and money. |
| 主题 | Econometrics ; Experimental Design ; Microeconomics ; Welfare and Collective Choice ; Public Economics ; Taxation |
| URL | https://www.nber.org/papers/w25326 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582999 |
| 推荐引用方式 GB/T 7714 | Christine L. Exley,Judd B. Kessler. Equity Concerns are Narrowly Framed. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25326.pdf（467KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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