Abstract
We investigate how the information about monetary outcomes influences
perceptions of fairness of income redistributions. In an economic experiment,
participants initially rated the fairness of a redistribution scheme
without knowing the exchange rate of experimental tokens to real money.
After learning the monetary value of tokens, participants adjusted their
fairness ratings, generally perceiving redistributions that generate higher
income as fairer. As the redistribution itself did not change, our findings
suggest that awareness of monetary consequences affects perceptions of
redistribution beyond mere self-interest.
perceptions of fairness of income redistributions. In an economic experiment,
participants initially rated the fairness of a redistribution scheme
without knowing the exchange rate of experimental tokens to real money.
After learning the monetary value of tokens, participants adjusted their
fairness ratings, generally perceiving redistributions that generate higher
income as fairer. As the redistribution itself did not change, our findings
suggest that awareness of monetary consequences affects perceptions of
redistribution beyond mere self-interest.
| Original language | English |
|---|---|
| Publisher | Social Science Research Network |
| Pages | 1-19 |
| Number of pages | 19 |
| Publication status | Published - 15 Apr 2025 |
Publication series
| Name | Max Planck Institute for Innovation and Competition Research Paper |
|---|---|
| No. | 25-07 |
Keywords
- Redistribution
- fairness
- incentives
- framing
Fingerprint
Dive into the research topics of 'A matter of principle or a matter of money? How fairness evaluations change with experimental currencies'. Together they form a unique fingerprint.Research output
- 2 Article
-
A matter of principle or a matter of money? how fairness evaluations change with experimental currencies
Luhan, W. & Chugunova, M., 13 Feb 2026, In: PLoS One. 21, 2, 10 p., e0336459.Research output: Contribution to journal › Article › peer-review
Open AccessFile1 Downloads (Pure) -
Ruled by robots: preference for algorithmic decision-makers and perceptions of their choices
Luhan, W. & Chugunova, M., 1 Jan 2025, In: Public Choice. 202, p. 1-24Research output: Contribution to journal › Article › peer-review
Open AccessFile78 Downloads (Pure)
Datasets
-
Dataset for: Ruled by robots: Preference for algorithmic decision-makers and perceptions of their choices
Luhan, W. (Creator) & Chugunova, M. (Creator), Open Science Framework, 23 Jul 2024
DOI: 10.17605/OSF.IO/JUCEV, https://osf.io/jucev/
Dataset
Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver