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Money burning and stealing in the laboratory: how conflicting ideologies emerge

Abstract:

Three experiments on utility interdependence are discussed. Subjects receive money by betting and possibly by arbitrary assignments. They can then pay to reduce and, possibly, redistribute the steal money; in one case, only the decisions of a randomly determined dictator are implemented. The behavior of 80% of burners and redistributors was rank egalitarian. However, arbitrarily advantaged and disadvantaged subjects developed conflicting views of desert: arbitrarily disadvantaged subjects tar...

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Publication status:
Published

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Publisher:
University of Oxford Publisher's website
Series:
Department of Economics Discussion Paper Series
Publication date:
2000-10-01
Paper number:
40
Keywords:
Pubs id:
1144387
Local pid:
pubs:1144387
Deposit date:
2020-12-15

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