Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/98529
Authors: 
Engelmann, Dirk
Strobel, Martin
Year of Publication: 
2010
Citation: 
[Journal:] Games [ISSN:] 2073-4336 [Publisher:] MDPI [Place:] Basel [Volume:] 1 [Year:] 2010 [Issue:] 4 [Pages:] 459-477
Abstract: 
We study behavior in a moonlighting game with unequal initial endowments. In this game, predictions for second-mover behavior based on inequality aversion are in contrast to reciprocity. We find that inequality aversion explains only few observations. The comparison to a treatment with equal endowments supports the conclusion that behavior is better captured by intuitive notions of reciprocity than by inequality aversion. Extending the model by allowing for alternative reference points promises better performance, but leads to other problems. We conclude that the fact that inequality aversion often works as a good short-hand for reciprocity is driven by biased design choices.
Subjects: 
reciprocity
inequality aversion
altruism
moonlighting game
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/
Document Type: 
Article
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