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We examine the interactions between individual behavior, sentiments and the social contract in a model of rational voting over redistribution. Agents have moral "work values". Individuals' self-esteem and social consideration of others are endogenously determined comparing behaviors to moral...
Persistent link: https://www.econbiz.de/10008540822
Moral values influence individual behavior and social interactions. A specially significant instance is the case of moral values concerning work effort. Individuals determine what they take to be proper behaviour and judge the others, and themselves, accordingly. They increase their esteem -and...
Persistent link: https://www.econbiz.de/10005572208
In this paper we answer a question posed by Sertel and Sanver (2002) on the manipulability of optimal matching rules in … matching problems with endowments. We characterize the classes of consumption rules under which optimal matching rules can be …
Persistent link: https://www.econbiz.de/10005823950