Work

The Role of Equality and Efficiency in Social Preferences

Year: 2004
Type: preprint
Abstract: Engelmann and Strobel (AER 2004) claim that a combination of efficiency seeking and minmax preferences dominates inequity aversion in simple dictator games. This result relies on a strong subject pool effect. The participants of their experiments were undergraduate students of economics and business administration who self-selected into their field of study and learned early on that efficiency is desirable. We show that for non-economists the preference for efficiency is much less pronounced. We also find a gender effect indicating that women are more egalitarian than men. However, perhaps surprisingly, the dominance of equality over efficiency is unrelated to political attitudes.
Language: English
Subfield: Safety Research
Open Access status: green
OpenAlex ID: W1836298100
Cites: 8
Cited by: 12
Related to: 10