“Last-Place Aversion”: Evidence and Redistributive Implications *
نویسندگان
چکیده
منابع مشابه
“Last-place Aversion”: Evidence and Redistributive Implications∗
We present evidence from laboratory experiments showing that individuals are “lastplace averse.” Participants choose gambles with the potential to move them out of last place that they reject when randomly placed in other parts of the distribution. In money-transfer games, those randomly placed in second-to-last place are the least likely to costlessly give money to the player one rank below. L...
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ژورنال
عنوان ژورنال: The Quarterly Journal of Economics
سال: 2014
ISSN: 0033-5533,1531-4650
DOI: 10.1093/qje/qjt035