Maroš Servátka will Present Recent Research on Fairness:
Status Quo Effects in Fairness Games: Reciprocal Responses to Acts of Commission vs. Acts of Omission
Speaker: Maroš Servátka
Date: Wednesday, November 20th, 2013
Time: 2:15 - 3:30PM
Location: Room 8417, Social Sciences, The University of Wisconsin-Madison.
Webinar Link: SPIhub.org/webinar4 (select option "Enter as a Guest" and please use your first and last name to identify yourself to the other participants)
Notes: The above webinar link will be active at 2:10PM CST, 5 minutes prior to the talk at 2:15PM CST. The online webinar will be hosted using Adobe Connect software. If you have never attended an Adobe Connect meeting before, please test your connection here.
- Resources: Audio, video and the slides from the talk will be posted a week after the webinar.
- Downloads: Flyer
Maroš Servátka is faculty at the Department of Economics and Finance at the University of Canterbury. He is also the Director of the New Zealand Experimental Economics Laboratory. Maroš’ work is broadly in the areas of experimental and behavioral economics, with recent research investigating the impact of messages on cooperation and trust, and gender and generosity. Maroš’ presentation will focus on status quo effects in fairness games.
He will be presenting his recent work titled "Status Quo Effects in Fairness Games: Reciprocal Responses to Acts of Commission vs. Acts of Omission"
Abstract: Both the law and culture make a central distinction between acts of commission that overturn the status quo and acts of omission that uphold it. In everyday life acts of commission often elicit stronger reciprocal responses than do acts of omission. In this paper we compare reciprocal responses to both types of acts and ask whether behavior of subjects in two experiments is consistent with existing theory. The design of the experiments focuses on the axioms of revealed altruism theory (Cox, Friedman, and Sadiraj, 2008) that make it observationally distinct from other theories. We find support for this theory in both experiments.