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Exploitation, altruism, and social welfare : an economic exploration

Doepke, Matthias - 2013

Child labor is often condemned as a form of exploitation. I explore how the notion of exploitation, as used in everyday … language, can be made precise in economic models of child labor. Exploitation is defined relative to a specific social welfare … distinctions that common usage of the term exploitation allows. I resolve this conflict by introducing a welfare function with …

Persistent link: https://www.econbiz.de/10009756103

Institution formation and cooperation with heterogeneous agents

Kube, Sebastian; Schaube, Sebastian; … - 2014

Driven by an ever-growing number of studies that explore the effectiveness of institutional mechanisms meant to mitigate cooperation problems, recent years have seen an increasing interest in the endogenous implementation of these institutions. In this paper, we test within a unified framework...

Persistent link: https://www.econbiz.de/10010414346

Lotteries vs. all-pay auctions in fair and biased contests

Epstein, Gil S.; Mealem, Yosef; Nitsan, Shemuʾel - 2012

The form of contests for a single fixed prize can be determined by a designer who maximizes the contestants' efforts. This paper establishes that, under common knowledge of the two asymmetric contestants' prize valuations, a fair Tullock-type endogenously determined lottery is always superior to...

Persistent link: https://www.econbiz.de/10009675128

Partners in crime : diffusion of responsibility in antisocial behaviors

Behnk, Sascha; Hao, Li; Reuben, Ernesto - 2017

Using a series of sender-receiver games, we find that two senders acting together are willing to behave more antisocially towards the receiver than single senders. This result is robust in two contexts: when antisocial messages are dishonest and when they are honest but unfavorable. Our results...

Persistent link: https://www.econbiz.de/10011732087

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

Optimal incentive contracts under inequity aversion

Englmaier, Florian (contributor); Wambach, Achim (contributor) - 2005

We analyze the Moral Hazard problem, assuming that agents are inequity averse. Our results differ from conventional contract theory and are more in line with empirical findings than standard results. We find: First, inequity aversion alters the structure of optimal contracts. Second, there is a...

Persistent link: https://www.econbiz.de/10003011503

Driving forces behind informal sanctions

Falk, Armin (contributor); Fehr, Ernst (contributor); … - 2005

This paper investigates the driving forces behind informal sanctions in cooperation games and the extent to which theories of fairness and reciprocity capture these forces. We find that cooperators' punishment is almost exclusively targeted towards the defectors but the latter also impose a...

Persistent link: https://www.econbiz.de/10003031484

Envy and compassion in tournaments

Grund, Christian; Sliwka, Dirk - 2002

Many experiments indicate that most individuals are not purely motivated by material self interest, but also care about the well being of others. In this paper we examine tournaments among inequity averse agents, who dislike disadvantageous inequity (envy) and advantageous inequity (compassion)....

Persistent link: https://www.econbiz.de/10011415111

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

Who is in favor of affirmative action? : representative evidence from an experiment and a survey

Herzog, Sabrina; Schildberg-Hörisch, Hannah; Trieu, Chi; … - 2023

Although affirmative action remains controversial, little is known about who supports or opposes it and why. This paper investigates preferences for affirmative action by combining causal evidence from an experiment on the role of self-serving motives and in-group favoritism with survey data on...

Persistent link: https://www.econbiz.de/10014442013

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