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

João Ferreira, Nobuyuki Hanaki and Benoît Tarroux
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João Ferreira: University of Southampton

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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; Crosscultural experiment (search for similar items in EconPapers)
Date: 2020
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-02390525v1
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Citations: View citations in EconPapers (19)

Published in Games and Economic Behavior, 2020, 119, pp.110-122. ⟨10.1016/j.geb.2019.10.008⟩

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Journal Article: On the roots of the intrinsic value of decision rights: Experimental evidence (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-02390525

DOI: 10.1016/j.geb.2019.10.008

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