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You'll Never Walk Alone: An Experimental Study on Receiving Money

37 Pages Posted: 23 Jan 2018 Last revised: 8 Feb 2018

Sigve Tjøtta

University of Bergen - Department of Economics

Date Written: February 7, 2018

Abstract

Is more money better than less? Not always. It depends on the situation. If more money for oneself means less money for a stranger, the majority of participants in dictator games choose less money for themselves. But if they really are alone - and thus, do not have to share with a stranger - will they always choose to receive more money instead of less? Here, I report results from seven experiments in varying contexts. On average, one-third of a total of 3,503 participants chose to receive less money instead of more. In one experiment, the majority chose to receive less money. In two norm elicitation experiments, a considerable minority considered receiving less money socially inappropriate.

Keywords: More or less money, Distributional and non-distributional norm

JEL Classification: D01, D03, D63

Suggested Citation

Tjøtta, Sigve, You'll Never Walk Alone: An Experimental Study on Receiving Money (February 7, 2018). Available at SSRN: https://ssrn.com/abstract=3102966

Sigve Tjøtta (Contact Author)

University of Bergen - Department of Economics ( email )

Fosswinckelsgt. 6
N-5007 Bergen
Norway

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