 The consistency of fairness rules: An experimental studyJournal of Economic Psychology, 2014, vol. 41, issue C, 88-100 Abstract: This paper studies individual consistency in the use of fairness rules, together with the role of self-serving bias in decision-making. We likewise attempt to characterize the different decision-making processes associated with the two types of self-interested behavior (pure selfish and self-serving). We use a within-subject design, which allows us to compare individual behavior when the context changes. In line with the literature, we find a multiplicity of fairness rules. However, the set of fairness rules is considerably smaller when we control for consistency. Only selfishness and strict egalitarianism seem to survive the stricter consistency requirements. We observe that this result is mainly explained by a self-serving bias. Additionally, we observe that faster decisions are self-interested and decisions dealing with moral trade-off are slower. Keywords: Distributive justice; Fairness; Laboratory experiments; Self-serving bias; Consistency (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:joepsy:v:41:y:2014:i:c:p:88-100 DOI: 10.1016/j.joep.2012.12.007 Access Statistics for this article Journal of Economic Psychology is currently edited by G. Antonides and D. Read More articles in Journal of Economic Psychology from Elsevier |
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