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Distributive Justice and Social Conflict in an Ak Model
Tsoukis, Christopher - 2019
We introduce distributive justice into a simple model of growth and distribution. Two groups (‘classes’) of otherwise … and Nash bargaining, encapsulating electoral politics and socio-political bargaining) and two normative (justice) criteria … of ‘justice as minimal social friction’. Under the plausible assumption that the capitalists’ overall socio …
Persistent link: https://www.econbiz.de/10012871763
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Bargaining and Time Preferences : An Experimental Study
Kim, Jeongbin; Lim, Wooyoung; Schweighofer-Kodritsch, … - 2021
We generalize the Rubinstein (1982) bargaining model by disentangling payoff delay from bargaining delay. We show that our extension is isomorphic to generalized discounting with dynamic consistency and characterize the unique equilibrium. Using a novel experimental design to control for various...
Persistent link: https://www.econbiz.de/10013314964
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Coordination with Differential Time Preferences : Experimental Evidence
Agranov, Marina; Kim, Jeongbin; Yariv, Leeat - 2023
The experimental literature on repeated games has largely focused on settings where players discount the future identically. In applications, however, interactions often occur between players whose time preferences differ. We study experimentally the effects of discounting differentials in...
Persistent link: https://www.econbiz.de/10014348138
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Complexity and Distributive Fairness Interact in Affecting Compliance Behavior
Bellemare, Charles - 2019
obligations. We present evidence from a laboratory tax experiment suggesting that the effects of complexity on compliance are …
Persistent link: https://www.econbiz.de/10012860571
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Optimal and Fair Prizing in Sequential Round-Robin Tournaments : Experimental Evidence
Lauber, Arne; March, Christoph; Sahm, Marco - 2022
We report results from the first experimental study of round-robin tournaments. In our experiment, we investigate how …
Persistent link: https://www.econbiz.de/10013293842
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Behavioural Responses to Unfair Institutions : Experimental Evidence on Rule Compliance, Norm Polarisation and Trust
Columbus, Simon; Kasper, Matthias; Feld, Lars P.; … - 2023
and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce …
Persistent link: https://www.econbiz.de/10014345629
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Age-Related Taxation of Bequests in the Presence of a Dependency Risk
Leroux, M.‐L; Pestieau, Pierre - 2021
This paper studies the properties of the optimal taxes on bequests when individuals differ in wage and in their risks of mortality and old-age dependance. Survival is positively correlated to income but dependency is negatively correlated with it. The government cannot distinguish between...
Persistent link: https://www.econbiz.de/10013234521
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Impatience and Uncertainty : Experimental Decisions Predict Adolescents' Field Behavior
Sutter, Matthias - 2011
eighteen years, in an incentivized experiment and relate experimental choices to field behavior. Experimental measures of …
Persistent link: https://www.econbiz.de/10013118350
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Reference-Dependent Preferences, Time Inconsistency, and Unfunded Pensions
Andersen, Torben M. - 2020
In the real world, public pay-as-you-go pension (PAYG) schemes are popular and co-exist with private, retirement-saving schemes. This is true even in dynamically efficient economies where such pensions offer a lower return. The classic Aaron-Samuelson result argues that, in theory, this is...
Persistent link: https://www.econbiz.de/10012834875
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Shaking Things Up : On the Stability of Risk and Time Preferences
Beine, Michel A. R. - 2020
migrate, our study was transformed into a natural experiment owing to two large earthquakes that shook the Tirana area during …
Persistent link: https://www.econbiz.de/10012837683