Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/104389
Authors: 
Balafoutas, Loukas
Kerschbamer, Rudolf
Kocher, Martin G.
Sutter, Matthias
Year of Publication: 
2013
Series/Report no.: 
Munich Discussion Paper 2013-7
Abstract: 
We compare experimentally the revealed distributional preferences of individuals and teams in allocation tasks. We find that teams are significantly more benevolent than individuals in the domain of disadvantageous inequality while the benevolence in the domain of advantageous inequality is similar across decision makers. A consequence for the frequency of preference types is that while a substantial fraction of individuals is classified as inequality averse, this type disappears completely in teams. Spiteful types are markedly more frequent among individuals than among teams. On the other hand, by far more teams than individuals are classified as efficiency lovers.
Subjects: 
Distributional Preferences
Social Preferences
Team Decisions
Individual Decisions
Stability of Preferences
Behavioral Economics
Experimental Economics
JEL: 
C91
C92
D03
D63
D64
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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