Monday 12
B9 - Miscellaneous I
Chair: Benoît Tarroux
› 14:55 - 15:20 (25min)
› Room 104 - B. Bartok
On the Roots of the Intrinsic Value of Decision Rights: Evidence from France and Japan
Benoît Tarroux  1@  , Nobuyuki Hanaki  2@  , João Ferreira  3@  
1 : Centre de Recherche en Economie et Management  (CREM)  -  Website
CNRS : UMR6211, Universite de Rennes 1, Université de Caen Basse-Normandie
2 : Groupe de Recherche en Droit, Economie et Gestion  (GREDEG)  -  Website
CNRS : UMR7321, Université Nice Sophia Antipolis (UNS), Université Nice Sophia Antipolis [UNS]
250, Rue Albert Einstein 06560 Valbonne -  France
3 : Aix-Marseille School of Economics  (AMSE)  -  Website
Ecole Centrale Marseille (ECM), Ecole des Hautes Etudes en Sciences Sociales (EHESS), Centre national de la recherche scientifique (CNRS)
GREQAM, Centre de la Charité, 2 rue de la Charité, 13236 Marseille Cedex 02 -  France

In a recent experiment, Bartling, Fehr and Herz (2014, EMCA) found that Swiss individuals attach an economically meaningful intrinsic value to make a decision by themselves rather than delegating it to another person. We refine their analysis in order to disentangle how much of such value stems from (i) a preference for independence from others, (ii) a desire for power, or (iii) other motives such as a preference for self-reliance, and conduct a cross-cultural comparison between France and Japan. Our (preliminary) findings suggest that (i) Japanese and French individuals intrinsically value decision rights beyond their instrumental benefit, that (ii) self-reliance is the main rationale behind this intrinsic value in both France and Japan, that (iii) independence is a mild rationale in France and not in Japan, and that (iv) power is not a motivation in neither of the countries. These results bring new insights into the roots of the preference for being in control, which can be relevant for institutional design.

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