Rituals of Reason: Experimental Evidence on the Social Acceptability of Lotteries in Allocation Problems
Résumé
We study collective preferences towards the use of random procedures in allocation mechanisms. We report the results of two experiments in which subjects vote on a procedure to allocate a reward to half of them. The first possibility is an explicitly random device: the result of a lottery. The second is an equally unpredictable procedure with identical rate of success, but not involving any explicit randomization. We identify an aversion to lotteries, in particular against procedures that are reminiscent of meritocratic ones. In line with the literature, we also find evidence of a control premium in most procedures.
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