Arbeitspapier

Do Equity Preferences Matter in Climate Negotiations? An Experimental Investigation

This paper investigates in how far equity preferences may matter for climate negotiations. For this purposes we conducted a simple experiment with people who have been involved in international climate policy. The experiment, which was run via the Internet, consisted of two simple non-strategic games suited to measure the parameters of inequity aversion in a Fehr and Schmidt (1999) utility function. We find that our participants show aversion against advantageous as well as disadvantageous inequity to a considerable amount. Moreover, the degree of inequity aversion is higher compared to that of students in the similar study of Dannenberg et al. (2007). Regarding the geographical variety in our sample, we cannot confirm significant differences in the degree of inequity aversion between different regions in the world, which is in line with previous findings from the experimental literature. This finding lends support to the hypothesis that equity preferences are "hard-wired" and not much influenced by socio-economic or cultural circumstances.

Sprache
Englisch

Erschienen in
Series: ZEW Discussion Papers ; No. 07-063

Klassifikation
Wirtschaft
Public Goods
Design of Experiments: Laboratory, Group Behavior
Design of Experiments: Laboratory, Individual
Thema
individual preferences
inequity aversion
climate policy
experimental economics
public goods
Klimaschutz
Verhandlungen
Gerechtigkeit
Präferenztheorie
Experiment
Welt

Ereignis
Geistige Schöpfung
(wer)
Dannenberg, Astrid
Sturm, Bodo
Vogt, Carsten
Ereignis
Veröffentlichung
(wer)
Zentrum für Europäische Wirtschaftsforschung (ZEW)
(wo)
Mannheim
(wann)
2007

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Dannenberg, Astrid
  • Sturm, Bodo
  • Vogt, Carsten
  • Zentrum für Europäische Wirtschaftsforschung (ZEW)

Entstanden

  • 2007

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