Money burning and rank egalitarianism with random dictators

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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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: 08 Mar 2023 16:30
DOI: 10.1016/S0165-1765(03)00190-3

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