Dictating the Risk: Experimental Evidence on Giving in Risky Environments: Reply
J. Michelle Brock, Andreas Lange, Erkut Y. Ozbay
American Economic Review · 2016 · Volume 106 · Issue 3
Abstract
In Brock, Lange, and Ozbay (2013), we experimentally investigate social preferences under risk. One of our conclusions is that a social preference model incorporating both ex ante and ex post fairness concerns may best describe behavior. Krawczyk and Le Lec (2016 ) argue that ex ante comparisons alone may account for our data. We address their points in this reply. (JEL C72, D63, D64, D81)
Keywords
Noncooperative Games, Equity, Justice, Inequality, and Other Normative Criteria and Measurement, Altruism, Philanthropy, Intergenerational Transfers, Criteria for Decision-Making under Risk and Uncertainty
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