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http://hdl.handle.net/10419/32575
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| Title: | | Equity versus efficiency? Evidence from three-person generosity experiments  |
| Authors: | | Güth, Werner Pull, Kerstin Stadler, Manfred Stribeck, Agnes |
| Issue Date: | | 2010 |
| Series/Report no.: | | Jena economic research papers 2010,018 |
| Abstract: | | In two-person generosity games the proposer's agreement payoff is exogenously given whereas that of the responder is endogenously determined by the proposer's choice of the pie size. Earlier results for two-person generosity games show that participants seem to care more for efficiency than for equity. In three-person generosity games equal agreement payoffs for two of the players are either exogenously excluded or imposed. We predict that the latter crowds out - or at least weakens - efficiency seeking. Our treatments rely on a 2x3 factorial design differing in whether the responder or the third (dummy) player is the residual claimant and whether the proposer's agreement payoff is larger, equal, or smaller than the other exogenously given agreement payoff. |
| Subjects: | | generosity game equity efficiency experiment |
| JEL: | | C7 C91 D03 D3 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Jena Economic Research Papers, MPI für Ökonomik
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