search query: @indexterm Labour supply / total: 517
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Author: | Blount, S. Bazerman, M. |
Title: | The inconsistent evaluation of absolute versus comparative payoffs in labor supply and bargaining |
Journal: | Journal of Economic Behavior and Organization
1996 : AUG, VOL. 30:2, p. 227-240 |
Index terms: | ECONOMIC BEHAVIOUR ORGANIZATION LABOUR SUPPLY |
Language: | eng |
Abstract: | The authors demonstrate an inconsistency in how people weight fairness concerns depending upon how preferences for outcomes are elicited. Specifically, the authors show that people are less concerned with fairness when simultaneously choosing between two outcomes than when considering each outcome separately. Foe example, in Study 1, subjects were recruited for participation in one of two experiments. One study would pay all participants $7. another would pay the focal subjects$*, but others $10. When simultaneously choosing between experiments, subjects were more likely to volunteer for the one which paid $8. |
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