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(e.g., related to an individual's altruism, fairness perceptions, concerns for efficiency, and political views). By …
Persistent link: https://www.econbiz.de/10014442013
sequence in order to improve fairness. …
Persistent link: https://www.econbiz.de/10011704206
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
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 skilled workers, as compared to an equilibrium where fairness … considerations are absent or non-binding. Starting from a constrained equilibrium, an increase in the fairness parameter leads to …
Persistent link: https://www.econbiz.de/10003831919
particular, we analyze how horizontal fairness concerns affect performance and efficiency in an environment characterized by …
Persistent link: https://www.econbiz.de/10003863658
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
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
they argue for or against mandatory participation? Should we have less redistribution and more actuarial fairness? How does … this depend on the type of redistribution involved? -- redistribution ; fairness ; pension ; insurance ; experiment …
Persistent link: https://www.econbiz.de/10008780004
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
performance and efficiency in an environment characterized by contractual incompleteness. In our experiment, one principal is … that the use of equal wages elicits substantially lower efforts and efficiency. This is not caused by monetary incentives …
Persistent link: https://www.econbiz.de/10003522700