Article ID Journal Published Year Pages File Type
7243339 Journal of Economic Behavior & Organization 2014 12 Pages PDF
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.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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