The relative price of fairness: Gender differences in a punishment game

Catherine C. Eckel, Philip J. Grossman

Research output: Contribution to journalArticleResearchpeer-review

Abstract

Ideas of fairness influence economic transactions. Men and women may differ systematically in the nature and extent of this influence. We investigate gender differences in the impact of fairness on the outcome of economic transactions. In our "punishment game," subjects may choose to split a larger pie with a "bad" partner, or a smaller pie with a "good" partner. We find that a higher relative price for fairness reduces its effect on the outcome of the transaction for women, but not for men. Our interpretation of this result is that men are more likely than women to make decisions on principle.

Original languageEnglish
Pages (from-to)143-158
Number of pages16
JournalJournal of Economic Behavior and Organization
Volume30
Issue number2
DOIs
Publication statusPublished - 1 Aug 1996

Keywords

  • Dictator game
  • Fairness
  • Gender

Cite this

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The relative price of fairness : Gender differences in a punishment game. / Eckel, Catherine C.; Grossman, Philip J.

In: Journal of Economic Behavior and Organization, Vol. 30, No. 2, 01.08.1996, p. 143-158.

Research output: Contribution to journalArticleResearchpeer-review

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AB - Ideas of fairness influence economic transactions. Men and women may differ systematically in the nature and extent of this influence. We investigate gender differences in the impact of fairness on the outcome of economic transactions. In our "punishment game," subjects may choose to split a larger pie with a "bad" partner, or a smaller pie with a "good" partner. We find that a higher relative price for fairness reduces its effect on the outcome of the transaction for women, but not for men. Our interpretation of this result is that men are more likely than women to make decisions on principle.

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