Browsing Department of Economics by Subject "D03"

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    • Fairness is intuitive 

      Cappelen, Alexander W.; Nielsen, Ulrik H.; Tungodden, Bertil; Tyran, Jean-Robert; Wengström, Erik (Discussion paper;9/2014, Working paper, 2014-04)
      In this paper we provide new evidence showing that fair behavior is intuitive to most people. We find a strong association between a short response time and fair behavior in the dictator game. This association is robust ...

    • Is there a development gap in rationality? 

      Cappelen, Alexander W.; Kariv, Shachar; Sørensen, Erik Ø.; Tungodden, Bertil (Discussion paper;8/2014, Working paper, 2014-03)
      We report an experimental test of the four touchstones of rationality in choice under risk – utility maximization, stochastic dominance, expected-utility maximization and small-stakes risk neutrality – with students from ...