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Reciprocity and payment schemes : when equality is unfair
Abeler, Johannes; Altmann, Steffen; Kube, Sebastian; … - 2006
A growing literature stresses the importance of reciprocity, especially for employment relations. In this paper, we study the interaction of different payment modes with reciprocity. In particular, we analyze how equal wages affect performance and efficiency in an environment characterized by...
Persistent link: https://www.econbiz.de/10003522700
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Take a chance on ABBA
Cohen-Zada, Danny; Krumer, Alex; Shapir, Offer Moshe - 2017
The order of actions in contests may generate different psychological effects which, in turn, may influence contestants' probabilities to win. The Prouhet-Thue-Morse sequence in which the first 'n' moves is the exact mirror image of the next 'n' moves should theoretically terminate any advantage...
Persistent link: https://www.econbiz.de/10011704206
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Inequality indices as tests of fairness
Kanbur, Ravi; Snell, Andy - 2017
Standard income inequality indices can be interpreted as a measure of welfare loss entailed in departures from equality of outcomes, for egalitarian social welfare functions defined on the distribution of outcomes. But such a welfare interpretation has been criticized for a long time on the...
Persistent link: https://www.econbiz.de/10011641764
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Transparency, inequity aversion, and the dynamics of peer pressure in teams : theory and evidence
Mohnen, Alwine (contributor); Pokorny, Kathrin (contributor) - 2008
We provide an explanation for peer pressure in teams based on inequity aversion. Analyzing a two-period model with two agents, we find that the effect of inequity aversion strongly depends on the information structure. When contributions are unobservable, agents act as if they were purely...
Persistent link: https://www.econbiz.de/10003652683
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Search and offshoring in the presence of "animal spirits"
Mitra, Devashish; Ranjan, Priya - 2009
In this paper, we introduce two sources of unemployment in a two-factor general equilibrium model: search frictions and fairness considerations. We find that a binding fair-wage constraint increases the unskilled unemployment rate and can at the same time lead to a higher unemployment rate for...
Persistent link: https://www.econbiz.de/10003831919
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Gift exchange and workers' fairness concerns : when equality is unfair
Abeler, Johannes; Altmann, Steffen; Kube, Sebastian; … - 2009
We study how different payment modes influence the effectiveness of gift exchange as a contract enforcement device. In particular, we analyze how horizontal fairness concerns affect performance and efficiency in an environment characterized by contractual incompleteness. In our experiment, one...
Persistent link: https://www.econbiz.de/10003863658
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Theoretical unification in justice and beyond
Jasso, Guillermina (contributor) - 2007
examines a series of twenty-one unification surprises in the study of justice and beyond, sixteen in the study of justice and … five in the unification of three fundamental sociobehavioral forces -- justice, status, and power -- and the subsequent …
Persistent link: https://www.econbiz.de/10003460687
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Measuring long-term inequality of opportunity
Aaberge, Rolf; Mogstad, Magne; Peragine, Vitorocco - 2010
In this paper, we introduce and apply a general framework for evaluating long-term income distributions according to the Equality of Opportunity principle. Our framework allows for both an ex-ante and an ex-post approach to EOp. Our ex-post approach relies on a permanent income measure defined...
Persistent link: https://www.econbiz.de/10003936795
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Preferences for redistribution and pensions : what can we learn from experiments?
Tausch, Franziska; Potters, Jan; Riedl, Arno - 2010
Redistribution is an inevitable feature of collective pension schemes and economic experiments have revealed that most people have a preference for redistribution that is not merely inspired by self-interest. Interestingly, little is known on how these preferences interact with preferences for...
Persistent link: https://www.econbiz.de/10008780004
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Shall we kill or enslave Caesar? : analyzing the Caesar model
Jasso, Guillermina (contributor) - 2008
paper presents a model of killing versus enslaving Caesar, based on a new theory which unifies justice, status, and power … of societies - justice-nonmaterialistic, status, and power-nonmaterialistic. Results cover members' gains, effects of own … killed only in a justice-nonmaterialistic society, and from the noblest of motives - to achieve equal gains for members …
Persistent link: https://www.econbiz.de/10003688805