2020
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info:eu-repo/semantics/altIdentifier/doi/10.1016/j.geb.2019.10.008
info:eu-repo/semantics/OpenAccess
João Ferreira et al., « On the roots of the intrinsic value of decision rights: Experimental evidence », HAL-SHS : économie et finance, ID : 10.1016/j.geb.2019.10.008
This paper aims to investigate the motives behind an intrinsic value of decision rights. Based on a series of experimental treatments conducted in France and Japan, we measure how much of such potential value stems from (i) a desire for independence from others, (ii) a desire for power, or (iii) a desire for self-reliance. We find that both Japanese and French subjects attach a significant intrinsic value to hold control. Surprisingly, we find that self-reliance is the only significant motive behind it in both countries.