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- W144573201 abstract "A property right is a guarantee allowing action within guidelines defined by the right. The guarantee is against reprisal, in that a property right places restrictions on punishment strategies that might otherwise be used to insure cooperative behavior. Property rights might be viewed as a means by which society legitimizes (makes “fair” or acceptable) the actions of a rights holder. Such rights are taken for granted in private ownership economies. In bargaining games, such as the ultimatum game, the proposer may be less influenced by the norm of equality, and more inclined to pursue his or her strategic advantage, if endowed with a legitimate property right. Concurrently, subjects’ expectations may be more compatible, and the counterpart less inclined to punish, if the proposer is endowed with a legitimate property right. Hoffman and Spitzer (1985) present experimental data which support this view. The ultimatum game experiments summarized in Hoffman et al. (1994) extend Hoffman and Spitzer (1985)’s property rights assignment to ultimatum games." @default.
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- W144573201 date "2008-01-01" @default.
- W144573201 modified "2023-09-23" @default.
- W144573201 title "Preferences and Property Rights in Ultimatum and Dictator Games" @default.
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