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Replication data for: Peer-Induced Fairness in Games

Version
V0
Resource Type
Dataset
Creator
  • Ho, Teck-Hua
  • Su, Xuanming
Publication Date
2009-12-01
Description
  • Abstract

    People exhibit peer-induced fairness concerns when they look to their peers as a reference to evaluate their endowments. We analyze two independent ultimatum games played sequentially by a leader and two followers. With peer-induced fairness, the second follower is averse to receiving less than the first follower. Using laboratory experimental data, we estimate that peer-induced fairness between followers is two times stronger than distributional fairness between leader and follower. Allowing for heterogeneity, we find that 50 percent of subjects are fairness-minded. We discuss how peer-induced fairness might limit price discrimination, account for low variability in CEO compensation, and explain pattern bargaining. (JEL C72, D63 )
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/aer.99.5.2022 (Text)
Publications
  • Ho, Teck-Hua, and Xuanming Su. “Peer-Induced Fairness in Games.” American Economic Review 99, no. 5 (December 2009): 2022–49. https://doi.org/10.1257/aer.99.5.2022.
    • ID: 10.1257/aer.99.5.2022 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12

Ho, Teck-Hua; Su, Xuanming (2009): Replication data for: Peer-Induced Fairness in Games. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E113342