Intertemporal tradeoffs play a key role in many personal decisions and policy questions. We
describe models of intertemporal choice, identify empirical regularities in choice, and pose …

In this article, we discuss concepts of procedural fairness and equality of opportunity, and
review the descriptive evidence regarding such procedural fairness preferences and their …

Empirical evidence on distributional preferences shows that people do not judge inequality
as problematic per se but that they take into account the fairness or unfairness of the …

We usually assume purchasers of commodities experience utility at the point of transacting a
purchase, when money and ownership are exchanged. With charitable giving, the social …

Meritocracies aspire to reward hard work and promise not to judge individuals by the
circumstances into which they were born. However, circumstances often shape the choice to …

The principle that people should be held personally responsible for the consequences of
their choices is a fundamental moral ideal in Western societies. We report from a large-scale …

Many of our everyday life experiences suggest that humans are social individuals who care
about themselves and others. Yet, for a long time, the economic discipline has focused on …

In this study, we analyze how customer perceptions of ex ante unfairness affect a service
provider that offers a priority service option. Customers differ in their waiting time costs, but …

We conduct a lab-in-the-field experiment to identify parents' preferences for investing in their
children. The experiment exogenously varied the short-run returns to educational …

Collective decision making requires preference aggregation even if no ideal aggregation
method exists (Arrow, 1950). We investigate how individuals think groups should aggregate …