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Equity as a Prerequisite for Stable Cooperation in a Public-Good Economy - The Core Revisited
Buchholz, Wolfgang; Peters, Wolfgang - CESifo - 2010
on the one hand and the core property of an allocation on the other. In particular we show that it is an inhomogeneous … sacrifice”) which is derived from the egalitarian-equivalent concept suggested by Moulin (1987). We also develop a simple core … test by which it can be checked whether a given allocation is in the core thus being a possible outcome of a cooperative …
Persistent link: https://www.econbiz.de/10008596567
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Intention-Based Reciprocity and the Hidden Costs of Control
Siemens, Ferdinand von - CESifo - 2011
Empirical research suggests that - rather than improving incentives - exerting control can reduce workers' performance by eroding motivation. The present paper shows that intention-based reciprocity can cause such motivational crowding-out if individuals differ in their propensity for...
Persistent link: https://www.econbiz.de/10009278134
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Awards as Signals
Frey, Bruno S.; Neckermann, Susanne - CESifo - 2010
Awards are widespread in all countries and are prevalent both in the public sphere and in the private sector. This paper argues, and empirically supports, that awards serve public functions and economists should take them seriously. Using a unique cross-country data set, we suggest that awards...
Persistent link: https://www.econbiz.de/10008727309
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Economic Incentives and Social Preferences: A Preference-based Lucas Critique of Public Policy
Bowles, Samuel; Reyes, Sandra Polanía - CESifo - 2009
Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is...
Persistent link: https://www.econbiz.de/10005029261
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Core-stable Rings in Auctions with Independent Private Values
Biran, Omer; Forges, Francoise - CESifo - 2010
) coalitional equilibrium, describe a (cooperative) partition form game. A coalition is core-stable if the core of a suitable …
Persistent link: https://www.econbiz.de/10008583724
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The Trade-off between Intra- and Intergenerational Equity in Climate Policy
Kverndokk, Snorre; Nævdal, Eric; Nøstbakken, Linda - CESifo - 2013
This paper focuses on two equity dimensions of climate policy, intra- and intergenerational, and analyzes the implications of equity preferences on climate policy, and on the production and consumption patterns in rich and poor countries. We develop a dynamic two-region model, in which each...
Persistent link: https://www.econbiz.de/10010877658
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Does Size Matter? The Impact of Changes in Household Structure on Income Distribution in Germany
Peichl, Andreas; Pestel, Nico; Schneider, Hilmar - CESifo - 2010
Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood as an increase in inequality of wages due to changes in bargaining power of employees. However, the role of changing household structure is widely neglected. Societal trends...
Persistent link: https://www.econbiz.de/10008727303
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Well-being Inequality and Reference Groups - An Agenda for New Research
Praag, Bernard M.S. Van - CESifo - 2010
It is argued that the concept of well –being inequality cannot be properly defined without taking the referencing process into account. The reference effect depends on how frequently individuals compare with others and on the degree of social transparency in society. In this paper we employ...
Persistent link: https://www.econbiz.de/10008533999
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Leaky Bucket in the Real World: Estimating Inequality Aversion Using Survey Data
Pirttilä, Jukka; Uusitalo, Roope - CESifo - 2007
Existing evidence of inequality aversion relies on data from class-room experiments where subjects face hypothetical questions. This paper estimates the magnitude of inequality aversion using representative survey data, with questions related to the real-economy situations the respondents face....
Persistent link: https://www.econbiz.de/10005094321
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Baby Booming Inequality? Demographic Change and Earnings Inequality in Norway, 1967-2000
Almås, Ingvild; Havnes, Tarjei; Mogstad, Magne - CESifo - 2010
In this paper, we demonstrate how age-adjusted inequality measures can be used to evaluate whether changes in inequality over time are due to changes in the age structure. To this end, we use administrative data on earnings for every male Norwegian during 1967-2000. We find that the substantial...
Persistent link: https://www.econbiz.de/10008671734