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statistical tests for fairness within well-defined income distribution generating processes and a well specified notion of … fairness. We find that the likelihood ratio (LR) test for fairness versus unfairness within two such processes are proportional … their values differently – to compare them to critical values for a test of the null hypothesis of fairness, or to use them …
Persistent link: https://www.econbiz.de/10011641764
theories of fairness and reciprocity capture these forces. We find that cooperators' punishment is almost exclusively targeted … between different fairness principles. Fairness theories that are based on the assumption that players compare their own … the defectors. Fairness theories assuming that players aim to minimize payoff inequalities cannot explain the fact that …
Persistent link: https://www.econbiz.de/10003031484
Standard economics omits the role of narratives (the stories that people tell themselves and others) when they make all kinds of decisions. Narratives play a role in understanding the environment; focusing attention; predicting events; motivating action; assigning social roles and identities;...
Persistent link: https://www.econbiz.de/10011452045
Using data from the German Socio-Economic Panel Survey (SOEP), this paper assesses the relationship between life satisfaction and religious practice. The main new result here is longitudinal. It is shown that individuals who become more religious over time record long term gains in life...
Persistent link: https://www.econbiz.de/10003793592
We here consider the effect of the level of income that individuals consider to be fair for the job they do, which we take as measure of comparison income, on both subjective well-being and objective future job quitting. In six waves of German Socio-Economic Panel data, the extent to which own...
Persistent link: https://www.econbiz.de/10011798035
fairness as an important organizational justice variable, (2) the impact of firms' wage structures on workers' job satisfaction … and turnover intentions, and (3) the contribution of the fairness considerations on the overall effects of the wage …
Persistent link: https://www.econbiz.de/10012140308
This paper analyses the extent of income inequality and opportunity inequality in 25 European countries. The present work contributes to understanding the origin of standard income inequality, helping to identify potential institutional setups that are associated to opportunity inequality. We...
Persistent link: https://www.econbiz.de/10003983669
persistence. -- equality of opportunity ; fairness ; redistribution ; wage inequality …
Persistent link: https://www.econbiz.de/10009310036
The authors analyze gender differences in fairness perceptions of own wages and subsequent wage growth. The main … fairness perceptions. Further analysis shows that individuals, who perceive their wage as unfair, experience larger wage growth …
Persistent link: https://www.econbiz.de/10011798080
A burgeoning literature in economics has started examining the role of social norms in explaining economic behavior. Surprisingly, the vast majority of this literature has studied social norms in asocial decision settings, where individuals are observed to act in isolation from each other. In...
Persistent link: https://www.econbiz.de/10011449225