Money burning and rank egalitarianism with random dictators

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Zizzo, D. J. (2003) Money burning and rank egalitarianism with random dictators. Economics Letters, 81 (2). pp. 263-266. ISSN 0165-1765

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Abstract

This paper presents the results of an experiment in Oxford where relative standing can be improved by randomly chosen dictators only by reducing (‘burning’) the money of the coplayers at a cost to themselves. Almost 50% of the subjects engage in money burning, and 75% of burners appear rank egalitarian.

Item Type: Article
Faculty \ School: Faculty of Social Sciences
Faculty of Social Sciences > School of Economics
Depositing User: Vishal Gautam
Date Deposited: 01 Nov 2003
Last Modified: 28 Mar 2025 04:39
URI: https://ueaeprints.uea.ac.uk/id/eprint/16650
DOI: 10.1016/S0165-1765(03)00190-3

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