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On the roots of the intrinsic value of decision rights: Experimental evidence
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Description
This paper aims to investigate the motives behind an intrinsic value of decision rights. Based on a series of experimental treatments conducted in France and Japan, we measure how much of such potential value stems from (i) a desire for independence from others, (ii) a desire for power, or (iii) a desire for self-reliance. We find that both Japanese and French subjects attach a significant intrinsic value to hold control. Surprisingly, we find that self-reliance is the only significant motive behind it in both countries.
International audience
Journal
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- Games and Economic Behavior
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Games and Economic Behavior 119 110-122, 2020-01
Elsevier BV
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Keywords
- Decision rights
- Intrinsic value
- Self-reliance
- Independence
- [SHS.ECO]Humanities and Social Sciences/Economics and Finance
- JEL: D - Microeconomics/D.D9 - Intertemporal Choice/D.D9.D91 - Intertemporal Household Choice • Life Cycle Models and Saving
- Power
- Crosscultural experiment
- JEL: C - Mathematical and Quantitative Methods/C.C9 - Design of Experiments/C.C9.C91 - Laboratory, Individual Behavior
Details 詳細情報について
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- CRID
- 1360009142469934720
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- ISSN
- 08998256
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- Article Type
- journal article
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- Data Source
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- Crossref
- KAKEN
- OpenAIRE
