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Fairness is intuitive
(Discussion paper;9/2014, Working paper, 2014-04)
In this paper we provide new evidence showing that fair behavior is intuitive to most people. We find a strong association between a short response time and fair behavior in the dictator game. This association is robust ...
Is there a development gap in rationality?
(Discussion paper;8/2014, Working paper, 2014-03)
We report an experimental test of the four touchstones of rationality in choice under risk – utility maximization, stochastic dominance, expected-utility maximization and small-stakes risk neutrality – with students from ...