Inequality aversion and stochastic decision-making: experimental evidence from Zimbabwean villages after land reform
Inequality considerations are a motive for making positive offers in the Ultimatum Game and rejecting small ones, but decision error could have the same effect. I find evidence for both of these considerations and a different relative importance amongst Zimbabwean villagers, of whom some resettled a...
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| Format: | Working paper |
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University of Oxford
2006
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