Sharing is caring - is this always true? A note on sharing gains and losses in modified dictator games
Kene Boun My, Nicolas Lampach
Abstract
Kene Boun My, Nicolas Lampach
Abstract
This note highlights in a very simple way the result gained from eliciting a subject’s aversion to inequity when this works to their own advantage, in a modified dictator game related to the domains of gains and losses. Our result demonstrates that individuals experience a stronger reaction to inequity in the domain of losses than in the domain of gains.
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This note highlights in a very simple way the result gained from eliciting a subject’s aversion to inequity when this works to their own advantage, in a modified dictator game related to the domains of gains and losses. Our result demonstrates that individuals experience a stronger reaction to inequity in the domain of losses than in the domain of gains.
Key concepts: Dictator, Inequity aversion, Dictator game, Economics, Simple (philosophy), Microeconomics, Domain (mathematical analysis), Mathematical economics