On the roots of the intrinsic value of decision rights: Experimental evidence

João V. Ferreira, Nobuyuki Hanaki and Benoît Tarroux

Games and Economic Behavior, 2020, vol. 119, issue C, 110-122

Abstract: This paper aims to investigate the motives behind an intrinsic value of decision rights. Based on a series of experimental treatments conducted in France and Japan, we measure how much of such potential value stems from (i) a desire for independence from others, (ii) a desire for power, or (iii) a desire for self-reliance. We find that both Japanese and French subjects attach a significant intrinsic value to hold control. Surprisingly, we find that self-reliance is the only significant motive behind it in both countries.

Keywords: Intrinsic value; Decision rights; Independence; Power; Self-reliance; Cross-cultural experiment (search for similar items in EconPapers)
JEL-codes: C91 D03 D23 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S089982561930154X
Full text for ScienceDirect subscribers only

Related works:
Working Paper: On the roots of the intrinsic value of decision rights: Experimental evidence (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:119:y:2020:i:c:p:110-122

DOI: 10.1016/j.geb.2019.10.008

Access Statistics for this article

Games and Economic Behavior is currently edited by E. Kalai

More articles in Games and Economic Behavior from Elsevier
Bibliographic data for series maintained by Catherine Liu ().