Are Teams Less Inequality Averse than Individuals?
Villeval, Marie Claire
- Publisher: Institute for the Study of Labor (IZA) Bonn
D63 | D03 | team | preference aggregation | team, inequity aversion, preference aggregation, social image, experiment | experiment | inequity aversion | C91 | C92 | D72 | social image
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial ...