Social context and fairness perceptions: The role of status

Konstanze Albrecht (), Emma von Essen (), Armin Falk, Klaus Fliessbach () and Eva Ranehill ()
Additional contact information
Konstanze Albrecht: University of Bonn, Germany, Postal: Center for Economics and Neuroscience, Zentrale wissenschaftliche Einrichtung der Universität Bonn, Nachtigallenweg 86, 53127 Bonn,
Klaus Fliessbach: University of Bonn, Germany, Postal: Center for Economics and Neuroscience, Zentrale wissenschaftliche Einrichtung der Universität Bonn, Nachtigallenweg 86, 53127 Bonn
Eva Ranehill: University of Zurich, Switzerland, Postal: University of Zurich, Department of Economics, Blümlisalpstrasse 10, CH-8006 Zurich

No 2012:10, Research Papers in Economics from Stockholm University, Department of Economics

Abstract: This study investigates how induced relative status affects fairness perceptions measured by satisfaction from different relative payoffs. We find that participants with lower status are less dissatisfied with disadvantageous payoff inequalities than equal or higher status participants. In contrast, when receiving an advantageous payoff, status does not influence satisfaction. Our findings suggest that relative social status has important implications for the acceptance of income inequalities.

Keywords: status; fairness perceptions; satisfaction (search for similar items in EconPapers)
JEL-codes: A13 C91 D31 D63 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2012-07-19
New Economics Papers: this item is included in nep-cbe, nep-evo and nep-exp
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www2.ne.su.se/paper/wp12_10.pdf (application/pdf)

Related works:
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:hhs:sunrpe:2012_0010

Access Statistics for this paper

More papers in Research Papers in Economics from Stockholm University, Department of Economics Department of Economics, Stockholm, S-106 91 Stockholm, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Anne Jensen ( this e-mail address is bad, please contact ).