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Zwick, Rami; Chen, Xiao-Ping - EconWPA - 1999

' concern for fairness, and the tradeoff the disadvantaged player makes between pursuing a fair outcome from a disadvantaged … weak players persist in seeking "fairness" is also a function of how much it (potentially) costs them to do so. Students …-cost bargainers to demand fairness and to persist in their demands was a function of how much it cost them to do so, and the degree to …

Persistent link: https://www.econbiz.de/10005556668

Individual Preferences for Giving

Fisman, Raymond; Kariv, Shachar; Markovits, Daniel - EconWPA - 2005

This paper reports an experimental test of individual preferences for giving. We use graphical representations of modified Dictator Games that vary the price of giving. This generates a very rich data set well- suited to studying behavior at the level of the individual subject. We test the data...

Persistent link: https://www.econbiz.de/10005118605

Insider Power, Wage Discrimination, and Fairness

Fehr, Ernst; Kirchsteiger, Georg - EconWPA - 2003

Persistent link: https://www.econbiz.de/10005076544

Why Does The Introduction of Monetary Compensation Produce A Reduction In Performance?

Harvey S. James Jr. - EconWPA - 2003

According to empirical evidence, extrinsic incentives often crowd out intrinsic motivation, thus reducing the effort choices of workers. This article presents a simple model illustrating how the introduction of monetary incentives causes a discontinuous reduction in worker effort as well as a...

Persistent link: https://www.econbiz.de/10005135075

Staff Growth in International Organizations: A Principal-Agent Problem? An Empirical Analysis

Vaubel, Roland; Dreher, Axel; Soylu, Ugurlu - EconWPA - 2003

The analysis covers 27 international organizations in the years 1950- 2001. From the first to the last year, staff increased at a compound average rate of 3.2 percent per annum. Since the number of member states rose by only 2.5 percent, the elasticity of staff to member states is larger than...

Persistent link: https://www.econbiz.de/10005412489

Productivity and Undesirable Outputs: A Directional Distance Function Approach

Chung, Yangho; Fare, Rolf - EconWPA - 1995

Undesirable outputs are often produced together with desirable outputs. This joint production of good and bad outputs brings about a difficulty for productivity measurement. Here we introduce a directional distance function and use it as a component in a new productivity index. This index, as an...

Persistent link: https://www.econbiz.de/10005077056

'Divergent Equilibrium in a Labor-Managed Economy: A Rejoinder,' (1991). Economic Analysis and Workers' Management, Vol. XXV, No. 2, pp.303-5.

Bogetic, Zeljko - EconWPA - 2005

Reply to professor Vanek's comment on Bogetic's paper in the same issue of the Economic Analysis and Workers' Management.

Persistent link: https://www.econbiz.de/10005077059

Coase Competition and Compensation

Varian, Hal - EconWPA - 1994

I show that the Pigovian solution to a simple externalities problem and a particular Coasian solution can be viewed as competitive equilibria from different initial endowments. I also describe the ``compensation mechanism,'' a mechanism that implements either the Coasian or Pigovian solution as...

Persistent link: https://www.econbiz.de/10005077060

Efficient Egalitarian Equivalent Allocations over a Single Good

LiCalzi, Marco; Nicolò, Antonio - EconWPA - 2005

This paper studies efficient and egalitarian allocations over a single heterogeneous and infinitely divisible good. We prove the existence of such allocations using only measure-theoretic arguments. Under the additional assumption of complete information, we identify a sufficient condition on...

Persistent link: https://www.econbiz.de/10005077064

Pareto's Law of Income Distribution: Evidence for Grermany, the United Kingdom, and the United States

Clementi, Fabio; Gallegati, Mauro - EconWPA - 2005

We analyze three sets of income data: the US Panel Study of Income Dynamics (PSID), the British Household Panel Survey (BHPS), and the German Socio-Economic Panel (GSOEP). It is shown that the empirical income distribution is consistent with a two-parameter lognormal function for the low-middle...

Persistent link: https://www.econbiz.de/10005077069

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