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Reciprocal climate negotiators
Nyborg, Karine - 2015
International climate negotiations have been troubled by mutual mistrust. At the same time, a hope seems to prevail that once enough countries moved forward, others would follow suit. If the abatement game faced by climate negotiators is a Prisoners' Dilemma, and countries are narrowly...
Persistent link: https://www.econbiz.de/10010488278
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A note on inequality aversion across countries, using two new measures
Macunovich, Diane J. - 2011
number in the highest, in a given country - as developed from the World Values Survey data, are shown here to have a negative …
Persistent link: https://www.econbiz.de/10009307464
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Understanding climate damages: consumption versus investment
Casey, Gregory; Fried, Stephie; Gibson, Matthew - 2021
Existing climate-economy models use aggregate damage functions to model the effects of climate change. This approach assumes climate change has equal impacts on the productivity of firms that produce consumption and investment goods or services. We show the split between damage to consumption...
Persistent link: https://www.econbiz.de/10012802404
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Why do relatively few economists work on climate change? : a survey
Pestel, Nico; Oswald, Andrew J. - 2021
Climate change is sometimes viewed as the most serious problem facing modern society. The science behind anthropogenic global warming has been understood for more than half a century. Yet relatively few economists work on topics related to climate change. What explains this (apparent) lack of...
Persistent link: https://www.econbiz.de/10012705415
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(In)equality and (in)justice
Jasso, Guillermina - 2016
Understanding the exact connection between inequality and justice is important because justice is classically regarded … justice, the sense of justice would not awaken to exert its moral suasion, no matter how great the inequality or how fast its … increase. We obtain exact links between economic inequality and three parameters of the justice evaluation distribution …
Persistent link: https://www.econbiz.de/10011521090
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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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Other-regarding preferences and performance pay : an experiment on incentives and sorting
Eriksson, Tor (contributor);  … - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002115447
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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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A behavioral account of the labor market : the role of fairness concerns
Fehr, Ernst (contributor); Götte, Lorenz (contributor);  … - 2008
In this paper, we argue that important labor market phenomena can be better understood if one takes (i) the inherent incompleteness and relational nature of most employment contracts and (ii) the existence of reference-dependent fairness concerns among a substantial share of the population into...
Persistent link: https://www.econbiz.de/10003793473
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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