[go: up one dir, main page]
More Web Proxy on the site http://driver.im/
IDEAS home Printed from https://ideas.repec.org/a/aea/aejmic/v16y2024i2p147-79.html
   My bibliography  Save this article

Equity Concerns Are Narrowly Framed

Author

Listed:
  • Christine L. Exley
  • Judd B. Kessler
Abstract
Distributional decisions regularly involve multiple payoff components. In a series of experiments, we show that individuals sometimes exhibit narrow equity concerns: applying fairness preferences narrowly on a specific component of payoffs rather than on broader payoff consequences. This behavior results in different distributional decisions depending on which payoff component we frame individuals to consider. We document narrow equity concerns in an exceedingly simple setting—in which payoff components are tokens worth $0.01 and $0.02—and in context-rich applications including tax policy and worker compensation.

Suggested Citation

  • Christine L. Exley & Judd B. Kessler, 2024. "Equity Concerns Are Narrowly Framed," American Economic Journal: Microeconomics, American Economic Association, vol. 16(2), pages 147-179, May.
    • Handle: RePEc:aea:aejmic:v:16:y:2024:i:2:p:147-79
    DOI: 10.1257/mic.20220266
    as

    Download full text from publisher

    File URL: https://www.aeaweb.org/doi/10.1257/mic.20220266
    Download Restriction: no
    File URL: https://doi.org/10.3886/E192087V1
    Download Restriction: no
    File URL: https://www.aeaweb.org/doi/10.1257/mic.20220266.appx
    Download Restriction: no
    File URL: https://www.aeaweb.org/doi/10.1257/mic.20220266.ds
    Download Restriction: Access to full text is restricted to AEA members and institutional subscribers.
    File URL: https://libkey.io/10.1257/mic.20220266?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cappelen, Alexander & Liu, Yiming & Nielsen, Hedda & Tungodden, Bertil, 2024. "Fairness in a Society of Unequal Opportunities," Discussion Paper Series in Economics 17/2024, Norwegian School of Economics, Department of Economics.

    More about this item

    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aea:aejmic:v:16:y:2024:i:2:p:147-79. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael P. Albert (email available below). General contact details of provider: https://edirc.repec.org/data/aeaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.