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Inequality and happiness: When perceived social mobility and economic reality do not match

Bjornskov, Christian; Dreher, Axel; Fischer, Justina AV; … - Volkswirtschaftliche Fakultät, … - 2010

In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …

Persistent link: https://www.econbiz.de/10008683292

Inequality and happiness: When perceived social mobility and economic reality do not match.

Bjornskov, Christian; Dreher, Axel; Fischer, Justina A.V.; … - Volkswirtschaftliche Fakultät, … - 2013

We argue that perceived fairness of the income generation process affects the association between income inequality and … income redistribution. Income inequality is predicted to have a more favorable impact on subjective wellbeing for individuals … differences in individual tolerance for income inequality, and the predicted influence of actual fairness. …

Persistent link: https://www.econbiz.de/10011112607

On the relation between income inequality and happiness: Do fairness perceptions matter?

Bjornskov, Christian; Dreher, Axel; Fischer, Justina AV; … - Volkswirtschaftliche Fakultät, … - 2009

In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the … less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …

Persistent link: https://www.econbiz.de/10008557077

On the relation between income inequality and happiness: Do fairness perceptions matter?

Bjornskov, Christian; Dreher, Axel; Fischer, Justina AV; … - Volkswirtschaftliche Fakultät, … - 2009

Persistent link: https://www.econbiz.de/10008557081

Fairness, Efficiency, and the Nash Bargaining Solution

Rachmilevitch, Shiran - Department of Economics, University of Haifa

A bargaining solution balances fairness and efficiency if each player's payoff lies between the minimum and maximum of the payoffs assigned to him by the egalitarian and utilitarian solutions. In the 2-person bargaining problem, the Nash solution is the unique scale-invariant solution satisfying...

Persistent link: https://www.econbiz.de/10009324194

Fairness in Bargaining and the Kalai-Smorodinsky Solution

Rachmilevitch, Shiran - Department of Economics, University of Haifa

A bargaining solution guarantees minimal equity if each player's payoff is at least as large as the minimum of the payoffs assigned to him by the equal-gain (i.e., egalitarian) and equal-loss solutions. The Kalai-Smorodinsky solution is the unique scale-invariant 2-person solution with this...

Persistent link: https://www.econbiz.de/10009368519

Distribution of responsibility, ability and competition

Graafland, J.J. - Volkswirtschaftliche Fakultät, … - 2003

This paper considers the distribution of responsibility for prevention of negative social or ecological effects of production and consumption. Responsibility is related to ability and ability depends on welfare. An increase in competition between Western companies depresses their profitability,...

Persistent link: https://www.econbiz.de/10008636487

Just luck: an experimental study of risk taking and fairness

Cappelen, Alexander W; Konow, James; Sorensen, Erik O; … - Volkswirtschaftliche Fakultät, … - 2010

Choices involving risk significantly affect the distribution of income and wealth in society. This paper reports the results of the first experiment, to our knowledge, to study fairness views about risk-taking, specifically whether such views are based chiefly on ex ante opportunities or on ex...

Persistent link: https://www.econbiz.de/10008560053

Double Standards: Social Preferences and Moral Biases

Croson, Rachel; Konow, James - Volkswirtschaftliche Fakultät, … - 2007

A consensus seems to be emerging in economics that at least three motives are at work in many strategic decisions: distributive preferences, reciprocal preferences and self-interest. An important obstacle to this research, however, has been moral biases, i.e., the distortions created by...

Persistent link: https://www.econbiz.de/10005616927

Narrowing the field in elections: the next-two rule

Brams, Steven J.; Kilgour, D. Marc - Volkswirtschaftliche Fakultät, … - 2011

We suggest a new approach to narrowing the field in elections, based on the deservingness of candidates to be contenders in a runoff, or to be declared one of several winners. Instead of specifying some minimum percentage (e.g., 50) that the leading candidate must surpass to avoid a runoff...

Persistent link: https://www.econbiz.de/10009004844