Rituals of Reason : Experimental Evidence on the Social Acceptability of Lotteries in Allocation Problems

Foucart, Renaud (2025) Rituals of Reason : Experimental Evidence on the Social Acceptability of Lotteries in Allocation Problems. Games and Economic Behavior. ISSN 0899-8256 (In Press)

Full text not available from this repository.

Abstract

We study collective preferences towards the use of random procedures in allocation mechanisms. We report the results of two experiments in which subjects choose a procedure to allocate a reward to half of them. The first possibility is an explicitly random device: the outcome of a lottery. The second is an equally unpredictable procedure with an identical success rate, but without explicit randomization. We identify an aversion to lotteries, particularly when compared to procedures reminiscent of meritocratic ones. In line with the literature, we also find evidence of a preference for control in most procedures.

Item Type:
Journal Article
Journal or Publication Title:
Games and Economic Behavior
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/2000/2003
Subjects:
?? financeeconomics and econometrics ??
ID Code:
228903
Deposited By:
Deposited On:
11 Apr 2025 04:30
Refereed?:
Yes
Published?:
In Press
Last Modified:
11 Apr 2025 04:30