Results for 'Inequity aversion test'

983 found
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  1.  33
    Empirical assumptions behind the violation of expectation experiments in human and non-human animals.Andrea Soledad Olmos & Santiago Ginnobili - 2021 - History and Philosophy of the Life Sciences 43 (3):1-24.
    One of the most widely used procedures applied to non-human animals or pre-linguistic humans is the “violation of expectation paradigm”. Curiously there is almost no discussion in the philosophical literature about it. Our objective will be to provide a first approach to the meta-theoretical nature of the assumptions behind the procedure that appeals to the violation of expectation and to extract some consequences. We show that behind them exists an empirical principle that affirms that the violation of the expectation of (...)
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  2.  39
    Income inequality and risk taking: the impact of social comparison information.Ulrich Schmidt, Levent Neyse & Milda Aleknonyte - 2019 - Theory and Decision 87 (3):283-297.
    In contrast to the assumptions of standard economic theory, recent experimental evidence shows that the income of peers has a systematic impact on observed degrees of risk aversion. This paper reports the findings of two experiments examining the impact of income inequality on risk preferences and whether the knowledge of inequality mediates the decisions. In Experiment 1, participants who were recruited for a real-effort task were paid either a low wage or a high wage. Half of the participants were (...)
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  3. Inequity Aversion and Team Incentives¤.Pedro Rey Biely - unknown
    We study how the optimal contract in team production is a¤ected when employees are averse to inequity in the sense described by Fehr and Schmidt (1999). By designing a reward scheme that creates inequity o¤ the desired equilibrium, the employer can induce employees to perform e¤ort at a lower total wage cost than when they are not inequity averse. We also show that the optimal output choice might change when employees are inequity averse. Finally, we show (...)
     
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  4.  84
    Inequality aversion and antisocial punishment.Christian Thöni - 2014 - Theory and Decision 76 (4):529-545.
    Antisocial punishment—punishment of pro-social cooperators—has shown to be detrimental for the efficiency of informal punishment mechanisms in public goods games. The motives behind antisocial punishment acts are not yet well understood. This article shows that inequality aversion predicts antisocial punishment in public goods games with punishment. The model by Fehr and Schmidt (Q J Econ 114(3): 817–868, 1999) allows to derive conditions under which antisocial punishment occurs. With data from three studies on public goods games with punishment I evaluate (...)
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  5.  56
    Experimental Cournot oligopoly and inequity aversion.Doruk İriş & Luís Santos-Pinto - 2014 - Theory and Decision 76 (1):31-45.
    This paper explores the role of inequity aversion as an explanation for observed behavior in experimental Cournot oligopolies. We show that inequity aversion can change the nature of the strategic interaction: quantities are strategic substitutes for sufficiently asymmetric output levels but strategic complements otherwise. We find that inequity aversion can explain why: some experiments result in higher than Cournot–Nash production levels while others result in lower, collusion often occurs with only two players whereas with (...)
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  6.  58
    The Self-Fulfilling Property of Trust: An Experimental Study. [REVIEW]Michael Bacharach, Gerardo Guerra & Daniel John Zizzo - 2007 - Theory and Decision 63 (4):349-388.
    A person is said to be ‘trust responsive’ if she fulfils trust because she believes the truster trusts her. The experiment we report was designed to test for trust responsiveness and its robustness across payoff structures, and to discriminate it from other possible factors making for trustworthiness, including perceived kindness, perceived need and inequality aversion. We elicit the truster’s confidence that the trustee will fulfil, and the trustee’s belief about the truster’s confidence after the trustee receives evidence relevant (...)
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  7.  27
    Advantageous Inequity Aversion Does Not Always Exist: The Role of Determining Allocations Modulates Preferences for Advantageous Inequity.Ou Li, Fuming Xu & Lei Wang - 2018 - Frontiers in Psychology 9.
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  8.  17
    An association between inequity-averse moral preference and risk aversion in decision-making.C. J. Palmer, B. Paton, T. T. Ngo, R. H. Thomson, J. Hohwy & S. M. Miller - unknown
  9.  31
    A controversy about modeling practices: the case of inequity aversion.Alexandre Truc & Dorian Jullien - 2023 - Journal of Economic Methodology 30 (3):203-227.
    This paper studies the controversy on Fehr and Schmidt's model of inequity aversion. It borrows insights from disciplines such as philosophy and the sociology of science that have specialized in studying scientific controversies. Our goal is to contribute to the historical and methodological literature on behavioral economics, which happens to have neglected behavioral economists' research on social preferences. Our analysis of the controversy reveals some new insights about the relation of behavioral economics with other sub-fields in economics, as (...)
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  10.  29
    Children’s Inequity Aversion in Procedural Justice Context: A Comparison of Advantageous and Disadvantageous Inequity.Qiu Xiaoju, Yu Jing, Li Tingyu, Cheng Nanhua & Zhu Liqi - 2017 - Frontiers in Psychology 8.
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  11.  17
    Exploring disadvantageous inequality aversion in children: how cost and discrepancy influence decision-making.Amanda Williams & Chris Moore - 2014 - Frontiers in Psychology 5.
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  12.  49
    (1 other version)A Biocultural Investigation of Gender Difference in Tobacco Use in an Egalitarian Hunter-Gatherer Population.Casey J. Roulette, Edward Hagen & Barry S. Hewlett - 2016 - Huamn Nature 27 (2):105-129.
    In the developing world, the dramatic male bias in tobacco use is usually ascribed to pronounced gender disparities in social, political, or economic power. This bias might also reflect under-reporting by woman and/or over-reporting by men. To test the role of gender inequality on gender differences in tobacco use we investigated tobacco use among the Aka, a Congo Basin foraging population noted for its exceptionally high degree of gender equality. We also tested a sexual selection hypothesis—that Aka men’s tobacco (...)
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  13.  65
    Withdrawal Aversion and the Equivalence Test.Julian Savulescu, Ella Butcherine & Dominic Wilkinson - 2019 - American Journal of Bioethics 19 (3):21-28.
    If a doctor is trying to decide whether or not to provide a medical treatment, does it matter ethically whether that treatment has already been started? Health professionals sometimes find it harder to stop a treatment (withdraw) than to refrain from starting the treatment (withhold). But does that feeling correspond to an ethical difference? In this article, we defend equivalence—the view that withholding and withdrawal of treatment are ethically equivalent when all other factors are equal. We argue that preference for (...)
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  14.  21
    What Did You Get? What Social Learning, Collaboration, Prosocial Behaviour, and Inequity Aversion Tell Us About Primate Social Cognition.Lydia M. Hopper & Katherine A. Cronin - 2018 - In Laura Desirèe Di Paolo, Fabio Di Vincenzo & Francesca De Petrillo (eds.), Evolution of Primate Social Cognition. Springer Verlag. pp. 13-26.
    Consideration of social cognition—how an individual’s decision-making is influenced by her/his social environment—is key to understanding the behaviour of socially living nonhuman primates. In this chapter we discuss primate social cognition by focusing on primates’ behavioural responses to the presence and actions of others, how they adjust their behaviour to maximize their own gains, and possibly also the rewards received by a partner. Individuals can observe and replicate the actions of others, or the outcomes of their actions, to accelerate behavioural (...)
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  15.  15
    A Shared Food Source Is Not Necessary to Elicit Inequity Aversion in Dogs.Jim McGetrick, Sabrina Ausserwöger, Ingrid Leidinger, Claudia Attar & Friederike Range - 2019 - Frontiers in Psychology 10.
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  16.  28
    Test of the preparatory adaptive response interpretation of aversive classical autonomic conditioning.John J. Furedy - 1970 - Journal of Experimental Psychology 84 (2):301.
  17.  27
    Risk aversion and the value of diagnostic tests.Han Bleichrodt, David Crainich, Louis Eeckhoudt & Nicolas Treich - 2020 - Theory and Decision 89 (2):137-149.
    Diagnostic tests allow better informed medical decisions when there is uncertainty about a patient’s health status and, therefore, about the desirability to undertake treatment. This paper studies the relation between the expected value of diagnostic information and a patient's risk aversion. We show that the ex ante value of diagnostic information increases with risk aversion for diseases with low prevalence, but decreases with risk aversion for diseases with high prevalence. On the other hand, the ex post value (...)
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  18. Bell’s Inequality Tests with Meson–Antimeson Pairs.A. Bramon, R. Escribano & G. Garbarino - 2006 - Foundations of Physics 36 (4):563-584.
    Recent proposals to test Bell’s inequalities with entangled pairs of pseudoscalar mesons are reviewed. This includes pairs of neutral kaons or B-mesons and offers some hope to close both the locality and the detection loopholes. Specific difficulties, however, appear thus invalidating most of those proposals. The best option requires the use of kaon regeneration effects and could lead to a successful test if moderate K0 and k̄0 detection efficiencies are achieved.
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  19.  25
    Testing the aversiveness of a stimulus by a response-transfer procedure.Harry M. B. Hurwitz & Robert Jordan - 1980 - Bulletin of the Psychonomic Society 15 (6):369-370.
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  20.  94
    Inequality, incentives and the interpersonal test.Kasper Lippert-Rasmussen - 2008 - Ratio 21 (4):421-439.
    This article defends three claims: even if Rawls' difference principle permits incentives to induce talented people to be more productive, it does not follow that it permits inequalities; the difference principle, when adequately specified, may in some circumstances permit incentives and allow that the worst off are not made as well off as they could be; and an argument for incentives might pass Cohen's interpersonal test even if it is unsound and might not pass it even if it is (...)
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  21.  14
    Testing a Quantum Inequality with a Meta-analysis of Data for Squeezed Light.G. Jordan Maclay & Eric W. Davis - 2019 - Foundations of Physics 49 (8):797-815.
    In quantum field theory, coherent states can be created that have negative energy density, meaning it is below that of empty space, the free quantum vacuum. If no restrictions existed regarding the concentration and permanence of negative energy regions, it might, for example, be possible to produce exotic phenomena such as Lorentzian traversable wormholes, warp drives, time machines, violations of the second law of thermodynamics, and naked singularities. Quantum Inequalities have been proposed that restrict the size and duration of the (...)
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  22.  10
    Test of aversiveness of a 39-kHz tone to hooded rats.R. H. Strelluf & R. Chris Martin - 1975 - Bulletin of the Psychonomic Society 6 (1):65-66.
  23.  32
    Classical aversive conditioning of human digital volume-pulse change and tests of the preparatory-adaptive-response interpretation of reinforcement.John J. Furedy & Anthony N. Doob - 1971 - Journal of Experimental Psychology 89 (2):403.
  24.  17
    Auditory and autonomic tests of the preparatory-adaptive-response interpretation of classical aversive conditioning.John J. Furedy - 1973 - Journal of Experimental Psychology 99 (2):280.
  25.  39
    Long-delay taste aversion learning: Effects of repeated trials and two-bottle testing conditions.Anthony L. Riley & John P. Mastropaolo - 1989 - Bulletin of the Psychonomic Society 27 (2):145-148.
  26. The Failure to Perform a Loophole-Free Test of Bell’s Inequality Supports Local Realism.Emilio Santos - 2004 - Foundations of Physics 34 (11):1643-1673.
    It is argued that the long standing failure to show an uncontroversial, loophole-free, empirical violation of a Bell inequality should be interpreted as a support to local realism. After defining realism and locality, this as relativistic causality, the performed experimental tests of Bell’s inequalities are commented. It is pointed out that, without any essential modification of quantum mechanics, the theory might be compatible with local realism.
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  27. Test of the violation of local realism in quantum mechanics with no use of bell's inequalities.G. Giuseppe, F. Martini & D. Boschi - 1996 - Erkenntnis 45 (2-3):367 - 377.
    A novel and versatile polarization-entanglement scheme is adopted to investigate the violation of the EPR local realism for a non-maximally entangled two-photon system according to the recent nonlocality proof by Lucien Hardy. In this context the adoption of a sophisticated detection method allows direct determination of any element of physical reality (viz., determined with probability equal to unity in the words of Einstein, Podolsky and Rosen) for the pair system within complete measurements that are largely insensitive to the detector quantum-efficiencies (...)
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  28.  26
    Test of the violation of local realism in quantum mechanics with no use of Bell's inequalities.G. Di Giuseppe, F. De Martini & D. Boschi - 1996 - Erkenntnis 45 (2-3):367-377.
    A novel and versatile polarization-entanglement scheme is adopted to investigate the violation of the EPR local realism for a non-maximally entangled two-photon system according to the recent “nonlocality proof” by Lucien Hardy. In this context the adoption of a sophisticated detection method allows direct determination of any “element of physical reality” (viz., determined “with probability equal to unity” in the words of Einstein, Podolsky and Rosen) for the pair system within complete measurements that are largely insensitive to the detector quantum-efficiencies (...)
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  29.  89
    An Experimental Test of Generalized Ambiguity Aversion using Lottery Pricing Tasks.Michael Bleaney & Steven J. Humphrey - 2006 - Theory and Decision 60 (2-3):257-282.
    We report the results of an experiment which investigates the impact of the manner in which likelihood information is presented to decision-makers on valuations assigned to lotteries. We find that subjects who observe representative sequences of outcomes attach higher valuations to lotteries than those who are given only a verbal description of a probability distribution. We interpret this in terms of a reduction in ambiguity about the possible lottery outcomes. These findings suggest that ambiguity aversion may be a confounding (...)
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  30.  88
    Ambiguity Aversion in the Field of Insurance: Insurers' Attitude to Imprecise and Conflicting Probability Estimates. [REVIEW]Laure Cabantous - 2007 - Theory and Decision 62 (3):219-240.
    This article presents the results of a survey designed to test, with economically sophisticated participants, Ellsberg’s ambiguity aversion hypothesis, and Smithson’s conflict aversion hypothesis. Based on an original sample of 78 professional actuaries (all members of the French Institute of Actuaries), this article provides empirical evidence that ambiguity (i.e. uncertainty about the probability) affect insurers’ decision on pricing insurance. It first reveals that premiums are significantly higher for risks when there is ambiguity regarding the probability of the (...)
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  31.  26
    Inequalities and Fairness in Cluster Trials.Erin Conrad & Sarah Jl Edwards - 2011 - Research Ethics 7 (2):58-65.
    Cluster randomized controlled trials (cluster RCTs) randomize whole clusters of individuals in testing two or more competing interventions. Here we will present the ethical problems raised by cluster RCTs concerning their effect on inequality. We argue that some inequalities generated by cluster RCTs are larger in scope than those generated from individual RCTs. We also argue that any cluster RCT-generated inequalities, which divide groups rather than individuals, are more problematic in type than the inequalities created in individual RCTs. These concerns (...)
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  32. Correlations and efficiency: Testing the Bell inequalities. [REVIEW]Arthur Fine - 1989 - Foundations of Physics 19 (5):453-478.
    This paper examines the efficiency problem involved in experimental tests of so-called “local” hidden variables. It separates the phenomenological locality at issue in the Bell case from Einstein's different conception of locality, and shows how phenomenological locality also differs from the factorizability needed to derive the Bell inequalities in the stochastic case. It then pursues the question of whether factorizable, local models (or, equivalently, deterministic ones) exist for the experiments designed to test the Bell inequalities, thus rendering the experimental (...)
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  33.  72
    Ambiguity aversion in multi-armed bandit problems.Christopher M. Anderson - 2012 - Theory and Decision 72 (1):15-33.
    In multi-armed bandit problems, information acquired from experimentation is valuable because it tells the agent whether to select a particular option again in the future. This article tests whether people undervalue this information because they are ambiguity averse, or have a distaste for uncertainty about the average quality of each alternative. It is shown that ambiguity averse agents have lower than optimal Gittins indexes, appearing to undervalue information from experimentation, but are willing to pay more than ambiguity neutral agents to (...)
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  34.  9
    Uncertainty Aversion Vs. Competence: An Experimental Market Study.Carmela Mauro - 2007 - Theory and Decision 64 (2-3):301-331.
    Heath and Tversky (1991, Journal of Risk and Uncertainty 4:5–28) posed that reaction to ambiguity is driven by perceived competence. Competence effects may be inconsistent with ambiguity aversion if betting on own judgement is preferred to betting on a chance event, because judgemental probabilities are more ambiguous than chance events. This laboratory experiment analyses whether ambiguity affects prices and volumes in a double auction market, and contrasts ambiguity aversion to competence effects. In order to test for the (...)
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  35.  31
    One-trial aversive conditioning to contextual cues: Effects of time of shock presentation on freezing during conditioning and testing.J. H. Roald Maes & Jo M. H. Vossen - 1992 - Bulletin of the Psychonomic Society 30 (5):403-406.
  36. One-trial aversive conditioning to contextual crues: effects of time of shock presentation on freezing during conditioning and testing.Jh Roald Maes & Jmh Vossen - 1992 - Bulletin of the Psychonomic Society 30 (5):403-406.
  37.  20
    The effects of flavor preexposure and test interval on conditioned taste aversions in rats.Philipp J. Kraemer & Klaus-Peter Ossenkopp - 1986 - Bulletin of the Psychonomic Society 24 (3):219-221.
  38.  4
    Aversive conditioning, anxiety, and the strategic control of attention.David S. Lee, Andrew Clement, Laurent Grégoire & Brian A. Anderson - forthcoming - Cognition and Emotion.
    What we pay attention to is influenced by both reward learning and aversive conditioning. Although early attention tends to be biased toward aversively conditioned stimuli, sustained ignoring of such stimuli is also possible. How aversive conditioning influences how a person chooses to search, or the strategic control of attention, has not been explored. In the present study, participants learned an association between a colour and an aversive outcome during a training phase, and in a subsequent test phase searched for (...)
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  39.  47
    Does CEO Risk-Aversion Affect Carbon Emission?Ashrafee Hossain, Samir Saadi & Abu S. Amin - 2022 - Journal of Business Ethics 182 (4):1171-1198.
    Does CEO tolerance to risk affect a firm’s long-run sustainability? Using CEO insider debt holding, we show that CEO’s risk-aversion encourages immoral yet rational decisions of emitting more greenhouse gas thereby adversely affecting the firm’s long-run sustainability. Our result is robust to several endogeneity tests including a quasi-natural experiment. Our finding also suggest that to mitigate potential adverse reactions from stakeholders, carbon emitting firms with risk-averse CEOs tend to spend more on CSR activities. Much of the heterogeneity in our (...)
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  40. Logical Bell Inequalities.Samson Abramsky & Lucien Hardy - 2012 - Physical Review A 85:062114-1 - 062114-11.
    Bell inequalities play a central role in the study of quantum nonlocality and entanglement, with many applications in quantum information. Despite the huge literature on Bell inequalities, it is not easy to find a clear conceptual answer to what a Bell inequality is, or a clear guiding principle as to how they may be derived. In this paper, we introduce a notion of logical Bell inequality which can be used to systematically derive testable inequalities for a very wide variety of (...)
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  41. Small stakes risk aversion in the laboratory: A reconsideration.Glenn W. Harrison, Morten I. Lau, Don Ross & J. Todd Swarthout - unknown
    Evidence of risk aversion in laboratory settings over small stakes leads to a priori implausible levels of risk aversion over large stakes under certain assumptions. One core assumption in statements of this calibration puzzle is that small-stakes risk aversion is observed over all levels of wealth, or over a â sufficiently largeâ range of wealth. Although this assumption is viewed as self-evident from the vast experimental literature showing risk aversion over laboratory stakes, it actually requires that (...)
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  42.  43
    A macroscopic violation of no-signaling in time inequalities? How to test temporal entanglement with behavioral observables.Patrizio E. Tressoldi, Markus A. Maier, Vanessa L. Buechner & Andrei Khrennikov - 2015 - Frontiers in Psychology 6.
  43. All the Bell Inequalities.Asher Peres - 1999 - Foundations of Physics 29 (4):589-614.
    Bell inequalities are derived for any number of observers, any number of alternative setups for each one of them and any number of distinct outcomes for each experiment. It is shown that if a physical system consists of several distant subsystems, and if the results of tests performed on the latter are determined by local variables with objective values, then the joint probabilities for triggering any given set of distant detectors are convex combinations of a finite number of Boolean arrays, (...)
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  44.  41
    Exploiting the guilt aversion of others: do agents do it and is it effective?Eric Cardella - 2016 - Theory and Decision 80 (4):523-560.
    The general idea of guilt aversion is that agents may be motivated to avoid letting others down, even at the expense of their own material payoff. Several experimental studies have documented behavior that is consistent with agents exhibiting guilt averse motivations in social interactions. However, there are strategic implications of guilt aversion, which can impact economic outcomes in important ways, that have yet to be explored. I introduce a game that admits the possibility for agents to induce guilt (...)
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  45.  99
    Economic Inequality Increases Status Anxiety Through Perceived Contextual Competitiveness.Davide Melita, Guillermo B. Willis & Rosa Rodríguez-Bailón - 2021 - Frontiers in Psychology 12.
    Status anxiety, the constant concern about individuals’ position on the social ladder, negatively affects social cohesion, health, and wellbeing. Given previous findings showing that status anxiety is associated with economic inequality, we aimed in this research to test this association experimentally. A cross-sectional study was run in order to discard confounding effects of the relationship between perceived economic inequality and status anxiety, and to explore the mediating role of a competitive climate. Then we predicted that people assigned to a (...)
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  46.  35
    The comparative importance for optimal climate policy of discounting, inequalities and catastrophes.Mark Budolfson, Francis Dennig, Marc Fleurbaey & Asher Siebert - 2017 - Climatic Change 145.
    Integrated assessment models (IAMs) of climate and the economy provide estimates of the social cost of carbon and inform climate policy. With the Nested Inequalities Climate Economy model (NICE) (Dennig et al. PNAS 112:15,827–15,832, 2015), which is based on Nordhaus’s Regional Integrated Model of Climate and the Economy (RICE), but also includes inequalities within regions, we investigate the comparative importance of several factors—namely, time preference, inequality aversion, intraregional inequalities in the distribution of both damage and mitigation cost and the (...)
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  47.  55
    Eliciting ambiguity aversion in unknown and in compound lotteries: a smooth ambiguity model experimental study.Giuseppe Attanasi, Christian Gollier, Aldo Montesano & Noemi Pace - 2014 - Theory and Decision 77 (4):485-530.
    Coherent-ambiguity aversion is defined within the smooth-ambiguity model as the combination of choice-ambiguity and value-ambiguity aversion. Five ambiguous decision tasks are analyzed theoretically, where an individual faces two-stage lotteries with binomial, uniform, or unknown second-order probabilities. Theoretical predictions are then tested through a 10-task experiment. In tasks 1–5, risk aversion is elicited through both a portfolio choice method and a BDM mechanism. In tasks 6–10, choice-ambiguity aversion is elicited through the portfolio choice method, while value-ambiguity (...) comes about through the BDM mechanism. The behavior of over 75 % of classified subjects is in line with the KMM model in all tasks 6–10, independent of their degree of risk aversion. Furthermore, the percentage of coherent-ambiguity-averse subjects is lower in the binomial than in the uniform and in the unknown treatments, with only the latter difference being significant. The most part of coherent-ambiguity-loving subjects show a high risk aversion. (shrink)
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  48.  24
    A test of risk vulnerability in the wider population.Philomena M. Bacon, Anna Conte & Peter G. Moffatt - 2020 - Theory and Decision 88 (1):37-50.
    Panel data from the German SOEP is used to test for risk vulnerability in the wider population. Two different survey responses are analysed: the response to the question about willingness-to-take risk in general and the chosen investment in a hypothetical lottery. A convenient indicator of background risk is the VDAX index, an established measure of volatility in the German stock market. This is used as an explanatory variable in conjunction with HDAX, the stock market index, which proxies wealth. The (...)
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  49.  81
    Who Gets More of the Pie? Predictors of Perceived Gender Inequity at Work.Hang-Yue Ngo, Sharon Foley, Angela Wong & Raymond Loi - 2003 - Journal of Business Ethics 45 (3):227 - 241.
    Gender inequity is prevalent in the workplace. It violates the principle of equal treatment for all employees, and often leads to problems with retention, morale, and performance. Individuals, however, may have different perceptions of gender inequity. In this study, we examined the relationship between individual and organizational level variables and perceived gender inequity for a sample of church workers. Regression analysis was used to test several hypotheses informed by social psychological theories. The results showed that (1) (...)
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  50.  78
    Non-Invasive Prenatal Testing for “Non-Medical” Traits: Ensuring Consistency in Ethical Decision-Making.Hilary Bowman-Smart, Christopher Gyngell, Cara Mand, David J. Amor, Martin B. Delatycki & Julian Savulescu - 2021 - American Journal of Bioethics 23 (3):3-20.
    The scope of noninvasive prenatal testing (NIPT) could expand in the future to include detailed analysis of the fetal genome. This will allow for the testing for virtually any trait with a genetic contribution, including “non-medical” traits. Here we discuss the potential use of NIPT for these traits. We outline a scenario which highlights possible inconsistencies with ethical decision-making. We then discuss the case against permitting these uses. The objections include practical problems; increasing inequities; increasing the burden of choice; negative (...)
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