000			01587nam a22001577a 4500
999			_c527127 _d527127
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100			_aExley, Christine L. and Kessler, Judd B. _956334
245			_aEquity concerns are narrowly framed
260			_aAmerican Economic Journal: Microeconomics
300			_a16(2). May, 2024: p.147-179
520			_aDistributional decisions regularly involve multiple payoff components. In a series of experiments, we show that individuals sometimes exhibit narrow equity concerns: applying fairness preferences narrowly on a specific component of payoffs rather than on broader payoff consequences. This behavior results in different distributional decisions depending on which payoff component we frame individuals to consider. We document narrow equity concerns in an exceedingly simple setting—in which payoff components are tokens worth $0.01 and $0.02—and in context-rich applications including tax policy and worker compensation.- Reproduced https://www.aeaweb.org/articles?id=10.1257/mic.20220266
650			_aDistributional decisions, Equity concerns, Fairness preferences, Payoff components, Experimental economics, Decision framing, Behavioral economics, Token valuation, Tax policy, Worker compensation, Narrow fairness, Contextual framing, Income distribution, Economic behavior, Preference application, Microeconomic analysis, Incentive structure, Social preferences, Component-based decisions, Framing effect _956335
773			_aAmerican Economic Journal: Microeconomics
906			_aINCOME DISTRIBUTION
942			_cAR