Replication data for: Peer-Induced Fairness in Games
Principal Investigator(s): View help for Principal Investigator(s) Teck-Hua Ho; Xuanming Su
Version: View help for Version V1
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LICENSE.txt | text/plain | 14.6 KB | 10/12/2019 06:07:AM |
ReadMe.pdf | application/pdf | 47.9 KB | 10/12/2019 06:07:AM |
data.mat | application/octet-stream | 3.8 KB | 10/12/2019 06:07:AM |
rawdata.xls | application/vnd.ms-office | 82.5 KB | 10/12/2019 06:07:AM |
speloglik.m | text/plain | 2.5 KB | 10/12/2019 06:07:AM |
speloglik_hetero.m | text/plain | 3.8 KB | 10/12/2019 06:07:AM |
spemle.m | text/plain | 219 bytes | 10/12/2019 06:07:AM |
spemle_hetero.m | text/plain | 326 bytes | 10/12/2019 06:07:AM |
Project Citation:
Ho, Teck-Hua, and Su, Xuanming. Replication data for: Peer-Induced Fairness in Games. Nashville, TN: American Economic Association [publisher], 2009. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113342V1
Project Description
Summary:
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People exhibit peer-induced fairness concerns when they look to their peers as
a reference to evaluate their endowments. We analyze two independent ultimatum
games played sequentially by a leader and two followers. With peer-induced
fairness, the second follower is averse to receiving less than the first
follower. Using laboratory experimental data, we estimate that peer-induced
fairness between followers is two times stronger than distributional fairness
between leader and follower. Allowing for heterogeneity, we find that 50 percent
of subjects are fairness-minded. We discuss how peer-induced fairness
might limit price discrimination, account for low variability in CEO compensation,
and explain pattern bargaining. (JEL C72, D63 )
Scope of Project
JEL Classification:
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C72 Noncooperative Games
D63 Equity, Justice, Inequality, and Other Normative Criteria and Measurement
C72 Noncooperative Games
D63 Equity, Justice, Inequality, and Other Normative Criteria and Measurement
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