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Behaving as expected: Public information and fairness norms

✍ Scribed by Cristina Bicchieri; Alex Chavez

Publisher: John Wiley and Sons
Year: 2010
Tongue: English
Weight: 175 KB
Volume: 23
Category: Article
ISSN: 0894-3257
DOI: 10.1002/bdm.648

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

What is considered to be fair depends on context‐dependent expectations. Using a modified version of the Ultimatum Game, we demonstrate that both fair behavior and perceptions of fairness depend upon beliefs about what one ought to do in a situation—that is, upon normative expectations. We manipulate such expectations by creating informational asymmetries about the offer choices available to the Proposer, and find that behavior varies accordingly. Proposers and Responders show a remarkable degree of agreement in their beliefs about which choices are considered fair. We discuss how these results fit into a theory of social norms. Copyright © 2009 John Wiley & Sons, Ltd.

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