When Income Depends on Performance and Luck: The Effects of Culture and Information on Giving
Pedro Rey-Biel (),
Roman Sheremeta () and
Neslihan Uler ()
Working Papers from Chapman University, Economic Science Institute
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 US and Spain, which have different beliefs about how income inequality arises. We find no cross-cultural differences in giving when individuals are informed about the determinants of income, but when uninformed, Americans give less than Spanish. Culture and information not only affect individual giving, but also the determinants of giving and the beliefs about how income inequality arises. Beliefs partially moderate cross-cultural differences in giving.
Keywords: individual giving; information; culture; beliefs; laboratory experiment (search for similar items in EconPapers)
JEL-codes: C91 D64 D83 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe, nep-cul, nep-eur, nep-exp and nep-ltv
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Chapter: When Income Depends on Performance and Luck: The Effects of Culture and Information on Giving (2018)
Working Paper: When Income Depends on Performance and Luck: The Effects of Culture and Information on Giving (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:chu:wpaper:15-12
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