Showing 1 - 10 of 232
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
The paper investigates whether unionisation has a spillover effect on wellbeing by comparing non-members in union and non-union workplaces. To this end, it adapts the social custom model of trade unions and goes on to conduct empirical analyses using linked employer-employee data and alternative...
Persistent link: https://www.econbiz.de/10010387703
We propose a new Sharpe ratio index obtained from return and volatility spillover indices to individual assets from the whole financial system. We use our new approach to shed light on a new perspective on a hot topic examining the safe-haven assets after Covid-19. To do that, we compare both...
Persistent link: https://www.econbiz.de/10012705552
Institutions are an important means for fostering prosocial behaviors, but in many contexts their scope is limited and they govern only a subset of all socially desirable acts. We use a laboratory experiment to study how the presence and nature of an institution that enforces prosocial behavior...
Persistent link: https://www.econbiz.de/10011664359
Persistent link: https://www.econbiz.de/10002115447
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
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
Though in decline recently, military conscription is still a widely used mode of staffing armies. Since not many valid economic, social or military arguments in favor of the draft can be put forward, the question emerges why societies choose to rely on it. In this survey we explain the political...
Persistent link: https://www.econbiz.de/10003899795
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
thought and that it requires advanced notions of justice and wellbeing. The most likely ethical basis for HE appears to …
Persistent link: https://www.econbiz.de/10003467009