Similar Search Results

Household Inequality, Welfare and the Setting of Trade Policy

Francois, Joseph; Rojas-Romagosa, Hugo - C.E.P.R. Discussion Papers - 2004

social welfare into real income level and variance components through Gini and Atkinson indexes. We embed these inequality …-adjusted social welfare functions in a general equilibrium structure mapping from tariff protection to household inequality. This … yields predictions regarding the linkages between trade protection, country characteristics and inequality in Heckscher …

Persistent link: https://www.econbiz.de/10005791876

Inequality, Technology and the Social Contract

Bénabou, Roland - C.E.P.R. Discussion Papers - 2004

excessive flexibility, resulting in suboptimal growth or even self-sustaining technology-inequality traps. Fourth, I examine how … configurations of technology, inequality and redistributive policy are feasible in the long run, when all three are endogenous. I … show in particular how the diffusion of technology leads to the ‘exporting’ of inequality across borders; and how this, in …

Persistent link: https://www.econbiz.de/10005661547

Cardiovascular Consequences of Unfair Pay

Falk, Armin; Menrath, Ingo; Siegrist, Johannes; Verde, … - C.E.P.R. Discussion Papers - 2011

This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...

Persistent link: https://www.econbiz.de/10009144731

On Income Inequality and Green Preferences

Marsiliani, Laura; Renström, Thomas I - C.E.P.R. Discussion Papers - 2003

inequality and environmental protection. We present a class of models (which captures a static model as well as an overlapping …

Persistent link: https://www.econbiz.de/10005662063

Land Reform and the Political Organization of Agriculture

Conning, Jonathan H; Robinson, James A - C.E.P.R. Discussion Papers - 2002

The modern theory of agrarian organization has studied how the economic environment determines organizational form under the assumption of stable property rights to land. The political economy literature has modeled the endogenous determination of property rights. In this Paper we propose a...

Persistent link: https://www.econbiz.de/10005504643

Political Selection and the Quality of Government: Evidence from South India

Besley, Timothy J.; Pande, Rohini; Rao, Vijayendra - C.E.P.R. Discussion Papers - 2005

This paper uses household data from India to examine the economic and social status of village politicians, and how individual and village characteristics affect politician behaviour while in office. Education increases the chances of selection to public office and reduces the odds that a...

Persistent link: https://www.econbiz.de/10005661887

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

Appropriating the Commons - A Theoretical Explanation

Falk, Armin; Fehr, Ernst; Fischbacher, Urs - C.E.P.R. Discussion Papers - 2001

In this Paper we show that a simple model of fairness preferences explains major experimental regularities of common pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without sanctioning possibilities inefficient excess appropriation is...

Persistent link: https://www.econbiz.de/10005123667

The Behavioural Effects of Minimum Wages

Falk, Armin; Fehr, Ernst; Zehnder, Christian - C.E.P.R. Discussion Papers - 2005

The prevailing labour market models assume that minimum wages do not affect the labour supply schedule. We challenge this view in this paper by showing experimentally that minimum wages have significant and lasting effects on subjects’ reservation wages. The temporary introduction of a minimum...

Persistent link: https://www.econbiz.de/10005124189