Inequality Aversion, Efficiency, and Maximin Preferences in Simple Distribution Experiments
通过简单的一次性分配实验,比较效率关注、最大最小偏好和不平等厌恶的相对重要性,并检验两种公平理论的表现。研究发现,结合效率、最大最小偏好和自私能解释大部分数据,而两种理论无法解释重要模式。
We present simple one-shot distribution experiments comparing the relative importance of efficiency concerns, maximin preferences, and inequality aversion, as well as the relative performance of the fairness theories by Gary E Bolton and Axel Ockenfels and by Ernst Fehr and Klaus M. Schmidt. While the Fehr-Schmidt theory performs better in a direct comparison, this appears to be due to being in line with maximin preferences. More importantly, we find that a combination of efficiency concerns, maximin preferences, and selfishness can rationalize most of the data while the Bolton-Ockenfels and Fehr-Schmidt theories are unable to explain important patterns.