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When Income Depends on Performance and Luck: The Effects of Culture and Information on Giving

Pedro Rey-Biel, Roman Sheremeta and Neslihan Uler ()

A chapter in Experimental Economics and Culture, 2018, vol. 20, pp 167-203 from Emerald Publishing Ltd

Abstract: Abstract We study how giving depends on income and luck, and how culture and information about the determinants of others’ income affect this relationship. Our data come from an experiment conducted in two countries, the USA and Spain – each of which have different beliefs about how income inequality arises. We find that when individuals are informed about the determinants of income, there are no cross-cultural differences in giving. When uninformed, however, Americans give less than the Spanish. This difference persists even after controlling for beliefs, personal characteristics, and values.

Keywords: Individual giving; information; luck; culture; beliefs; laboratory experiment; C91; D64; D83 (search for similar items in EconPapers)
Date: 2018
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Working Paper: When Income Depends on Performance and Luck: The Effects of Culture and Information on Giving (2018) Downloads
Working Paper: When Income Depends on Performance and Luck: The Effects of Culture and Information on Giving (2015) Downloads
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