A Tale of Two Cities: An Experiment on Inequality and Preferences

Bigoni, Maria ; Bortolotti, Stefania ; Rattini, Veronica (2019) A Tale of Two Cities: An Experiment on Inequality and Preferences. Bologna: Dipartimento di Scienze economiche, p. 53. DOI 10.6092/unibo/amsacta/6132. In: Quaderni - Working Paper DSE (1128). ISSN 2282-6483.
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Abstract

We study how differences in socio-economic background correlate with preferences and beliefs, in a sample of college students born in a mid-sized Italian city. Our findings indicate that participants living in an area characterized by a high socio-economic environment tend to trust more and are more inclined to reciprocate higher levels of trust, as compared to those coming from less wealthy neighborhoods. This behavioral difference is, at least in part, driven by heterogeneities in beliefs: subjects from the most affluent part of the city have more optimistic expectations on their counterpart's trustworthiness than those living in a lower socio-economic environment. By contrast, no significant differences emerge in other preferences: generosity, risk-attitudes, and time preferences. Finally, we do not find any systematic evidence of out-group discrimination based on neighborhood identity.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Bigoni, MariaUniversità di Bologna0000-0001-5988-6115
Bortolotti, StefaniaMax Planck Institute0000-0002-8326-5447
Rattini, VeronicaUniversity of Pittsburgh0000-0002-8900-2023
Keywords
Socio Economic Status, Beliefs, Generosity, Risk attitudes, Time preferences, Trust, Trustworthiness
Subjects
ISSN
2282-6483
DOI
Deposit date
11 Mar 2019 11:54
Last modified
22 May 2019 15:41
URI

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