Judgments regarding the fair division of goods: the impact of verbal versus quantitative descriptions of alternative divisions

This article uses a stated-preference survey to investigate the impact on judgments regarding the fair division of a fixed supply of a good of differing types of information by which to describe five distributional principles. The three types of information are quantitative information only (the predominant approach in existing studies), verbal information only, and both quantitative and verbal information. The five distributional principles …