On the Nature of Fair Behavior
Armin Falk,
Ernst Fehr and
Urs Fischbacher
Economic Inquiry, 2003, vol. 41, issue 1, 20-26
Abstract:
This article shows that identical offers in an ultimatum game generate systematically different rejection rates depending on the other offers that are available to the proposer. This result casts doubt on the consequentialist practice in economics to define the utility of an action solely in terms of the consequences of the action irrespective of the set of alternatives. It means in particular that negatively reciprocal behavior cannot be fully captured by equity models that are exclusively based on preferences over the distribution of material payoffs. Copyright 2003, Oxford University Press.
Date: 2003
References: Add references at CitEc
Citations: View citations in EconPapers (292)
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
Working Paper: On the Nature of Fair Behaviour (2001) 
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:oup:ecinqu:v:41:y:2003:i:1:p:20-26
Ordering information: This journal article can be ordered from
https://academic.oup.com/journals
Access Statistics for this article
Economic Inquiry is currently edited by Preston McAfee
More articles in Economic Inquiry from Western Economic Association International Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press (joanna.bergh@oup.com).