Abstract

Voice is valuable in relationships, but how much are people willing to pay for it? This paper reports findings about recipients’ willingness to pay for voice in standard dictator games. From our data, we obtain two key findings: first, people underestimate the true value of voice and, second, they are particularly skeptical of the value of voice after an irrevocable allocation decision has already been made (i.e., people underrate the benefits from anticipated messages).

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