Money burning and rank egalitarianism with random dictators

D. J. Zizzo

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74 Citations (Scopus)

Abstract

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.
Original languageEnglish
Pages (from-to)263-266
Number of pages4
JournalEconomics Letters
Volume81
Issue number2
DOIs
Publication statusPublished - 2003

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