Inequality Aversion and Stochastic Decision- making: Experimental Evidence from Zimbabwean Villages after Land Reform.
Inequality considerations are a motive for making positive o¤ers in the Ultimatum Game and rejecting small ones, but decision error could have the same e¤ect. I …nd evidence for both of these considerations and a di¤erent relative importance amongst Zimbabwean villagers, of whom some resettled after...
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Format: | Working paper |
Language: | English |
Published: |
GPRG
2006
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