``Last-place aversion: evidence and redistributive implications

DOI10.1093/QJE/QJT035MaRDI QIDQ4963016zbMATH OpenOpenAlexFDO

Authors Ilyana Kuziemko, Ryan W. Buell, Taly Reich, Michael I. Norton

Publication date 6 November 2018

Published in The Quarterly Journal of Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1093/qje/qjt035

zbMATH Keywords

laboratory experimentlast-place averse participantsmodified dictator games

Mathematics Subject Classification ID

(n)-person games, (n>2) (91A06) Experimental studies (91A90)

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• Portfolio choice in the model of expected utility with a safety-first component
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• Socially interdependent risk taking
• Beyond the two-trials rule: Type-I error control and sample size planning with the sceptical $p$-value
• The importance of ordinal rank among peers: focusing on height and income
• Incomplete information, self-confidence, and positive sorting
• Insuperable strategies in two-player and reducible multi-player games
• A tax and redistribution experiment with subjects that switch from risk aversion to risk preference

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