On the Nature of Fair Behavior and its Development with Age

13 Pages Posted: 18 Mar 2004

See all articles by Matthias Sutter

Matthias Sutter

Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Research on Collective Goods; University of Cologne - Department of Economics

Date Written: September 1, 2003

Abstract

Economic decisions have been shown to depend on actual outcomes as well as perceived intentions. In this paper, we examine whether and how the relative importance of outcomes or intentions for economic decisions develops with age. We report the results of ultimatum games with children, teens and students. We find that children and teens react systematically to perceived intentions, like students do. However, children and teens reject unequal offers much more often than students, indicating that outcomes are relatively more important than intentions for younger subjects.

Keywords: Fairness, intentions, ultimatum game, children, age

JEL Classification: D63, C78, C91

Suggested Citation

Sutter, Matthias, On the Nature of Fair Behavior and its Development with Age (September 1, 2003). Available at SSRN: https://ssrn.com/abstract=517803 or http://dx.doi.org/10.2139/ssrn.517803

Matthias Sutter (Contact Author)

Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Research on Collective Goods ( email )

Kurt-Schumacher-Str. 10
D-53113 Bonn, 53113
Germany

University of Cologne - Department of Economics

Cologne, 50923
Germany

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