Economic analyses of regulatory solutions to social dilemmas focus more often on the efficiency than on the distributional consequences. In this chapter, we show that individuals hold both reciprocal and distributional preferences over alternative regulatory solutions to social dilemmas in a laboratory experiment. Increased attention concerning distributional consequences may therefore be called for.
Conference: Workshop in Experimental Economics and Public Policy
Location: Appalachian State Univ, Boone, NC
Date: APR 08-09, 2005