Given the relevance of fairness preferences for global environmental problems the project had two main objectives. Firstly, it was tested whether the behaviour of subjects in free-rider experiments and simple sequential games is consistent with fairness preferences according to the model of Fehr/Schmidt (1999). The theoretical implications of the model, the central assumption of the stability of preferences as well as selected comparative static effects was investigated in this study. Secondly, the structure of fairness preferences of decision makers in international climate policy was analysed with the help of laboratory experiments. Therefore, the project allowed a comprehensive test of the Fehr/Schmidt approach and investigated the importance of fairness preferences in international climate policy.
Selected Events
Client
Deutsche Forschungsgemeinschaft
, Bonn
, DE
Project duration
01.11.2006 - 30.11.2009
Contact
Project members
Prof. Dr. Astrid Dannenberg
(Coordinator)
Departments
Cooperation partner
Prof. Dr. Joachim Weimann, Lehrstuhl VWL III, Fakultät für Wirtschaftswissenschaft, Otto-von-Guericke-Universität Magdeburg
Dr. Thomas Riechmann, Lehrstuhl VWL III, Fakultät für Wirtschaftswissenschaft, Otto-von-Guericke-Universität Magdeburg, Magdeburg, DE
Prof. Dr. Carsten Vogt, Hochschule für Technik, Wirtschaft und Kultur Leipzig. Fachbereich Wirtschaftswissenschaften