English, Article, Journal or magazine article edition: Money Burning and Stealing in the Laboratory: How Conflicting Ideologies Emerge Daniel John Zizzo

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Bookmark: http://trove.nla.gov.au/version/20574
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Money Burning and Stealing in the Laboratory: How Conflicting Ideologies Emerge
Author
  • Daniel John Zizzo
Physical Description
  • preprint
Notes
  • Three experiments on utility interdependence are discussed. Subjects receive money by betting and possibly by arbitrary assignments. They can then pay to reduce and, possibly, redistribute the steal money; in one case, only the decisions of a randomly determined dictator are implemented. The behavior of 80% of burners and redistributors was rank egalitarian. However, arbitrarily advantaged and disadvantaged subjects developed conflicting views of desert: arbitrarily disadvantaged subjects targeted arbitrarily assigned money; arbitrarily advantaged subjects did not care about how money was gained, and, if stealing was allowed, were twice as aggressive against earned money than against money assigned arbitrarily.
  • interdependent preferences, fairness, desert, egalitarianism, ideology
  • RePEc:oxf:wpaper:040
Language
  • English
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