Revealed distributional preferences : individuals vs. teams
Journal of economic behavior and organization, 2014, Vol. 108, pp. 319-330
BALAFOUTAS, Loukas, KERSCHBAMER, Rudolf, KOCHER, Martin, SUTTER, Matthias, Revealed distributional preferences : individuals vs. teams, Journal of economic behavior and organization, 2014, Vol. 108, pp. 319-330 - https://hdl.handle.net/1814/29740
Retrieved from Cadmus, EUI Research Repository
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.
Published online: 3 January 2014
Cadmus permanent link: https://hdl.handle.net/1814/29740
Full-text via DOI: 10.1016/j.jebo.2013.12.012
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