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We review the theory of fairness as it pertains to concretely specified problems of resource allocations. We present …-envy, egalitarian-equivalence, individual and collective lower or upper bounds on welfare, notions of equal or equivalent opportunities … should respond to changes in resources (resource monotonicity), technologies (technology monotonicity), preferences (welfare …
Persistent link: https://www.econbiz.de/10014025187
This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the relationships among the main functions of taxation—notably, raising revenue, redistributing income, and correcting externalities—and the mapping between these functions and various...
Persistent link: https://www.econbiz.de/10014023506
theories, such as inequality-averse social welfare functions or fairness criteria. It is shown how both approaches can be … of the Welfare State. However, while these theories may be suited for explaining the development of public insurance or … incorporation of individuals' altruistic feelings in social welfare functions. …
Persistent link: https://www.econbiz.de/10014023654
' perceptions of fairness and trust are also key drivers of their work effort. Treating employees with respect is not only ethically …
Persistent link: https://www.econbiz.de/10011413663
rationales: (1) balance (comparison, matching), often related to equality and fairness, or to the desire to avoid moral … associate efficiency, fairness, and the intrinsic quality of social relations. …
Persistent link: https://www.econbiz.de/10014023677
Evidence from an experiment investigating the "house money effect" in the context of a public goods game is reconsidered. Analysis is performed within the framework of the panel hurdle model, in which subjects are assumed to be one of two types: free-riders, and potential contributors. The...
Persistent link: https://www.econbiz.de/10009569530
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
In this Paper we show that a simple model of fairness preferences explains major experimental regularities of common …
Persistent link: https://www.econbiz.de/10005123667
We present a dictator game experiment where the recipients are local charities that serve the poor. Donors consist of approximately 1000 participants from a nationally representative sample. We manipulate the perceived worthiness and race of the charities' recipients with an audiovisual...
Persistent link: https://www.econbiz.de/10010574333
This article considers the performance of countries at the Olympic Games as a public good. Firstly, it is argued that, at the national level, Olympic success meets the two key conditions of a public good: non-rivalry and non-excludability. Secondly, it is demonstrated that standard income...
Persistent link: https://www.econbiz.de/10011078553