|
On the Roots of the Intrinsic Value of Decision Rights: Evidence from France and Japan| old_uid | 13196 |
|---|
| title | On the Roots of the Intrinsic Value of Decision Rights: Evidence from France and Japan |
|---|
| start_date | 2017/03/03 |
|---|
| schedule | 11h-12h30 |
|---|
| online | no |
|---|
| location_info | salle 115 |
|---|
| summary | In a recent experiment, Bartling et al (2014, EMCA) found that Swiss individuals attach an economically meaningful intrinsic value to make a decision by themselves rather than delegating it to another person. We refine their analysis in order to disentangle how much of such value stems from (i) a preference for independence from others, (ii) a desire for power, or (iii) other motives such as a preference for self-reliance, and conduct a cross-cultural comparison between France and Japan. Our (preliminary) findings suggest that (i) Japanese and French individuals intrinsically value decision rights beyond their instrumental benefit, that (ii) self-reliance is the main rationale behind this intrinsic value in both France and Japan, that (iii) independence is a mild rationale in France and not in Japan, and that (iv) power is not a motivation in neither of the countries. These results bring new insights into the roots of the preference for being in control, which can be relevant for institutional design.
Co-authored with Joao V Ferreira and Benoît Tarroux |
|---|
| responsibles | Le Lec, Laslier |
|---|
| |
|