aversion should influence the first mover’s decision. The
98 Public Choice (2012) 151:91–119
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Public Choice (2012) 151:91–119 99
Table 1 The predicted effect of
intrinsic preferences on first and
second movers’ contributions
1st mover 2nd mover
Disadvantageous Negative None
inequity aversion
Advantageous None Positive
inequity
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