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We expand upon the previous models of inequity aversion of Fehr and Schmidt [1], and Frohlich et al. [2], which assume that dictators get disutility if the final allocation of surplus deviates from the equal split (egalitarian principle) or from the subjects' production (libertarian principle)....
Persistent link: https://www.econbiz.de/10010369344
Standard equilibrium concepts in game theory find it difficult to explain the empirical evidence from a large number of static games, including the prisoner's dilemma game, the hawk-dove game, voting games, public goods games and oligopoly games. Under uncertainty about what others will do in...
Persistent link: https://www.econbiz.de/10011709869
The main objective of this paper is to identify cultural aspects of sustainable development, by examining the interdependence of selected cultural characteristics and the index of sustainable development. Accordingly, the hypothesis of this article is that: Sustainable development achieves...
Persistent link: https://www.econbiz.de/10011984352
Today, there are a lot of studies on climate change and sustainability from social sciences' perspectives. Achievements of sociology, psychology or political sciences can be extremely helpful in designing, adopting, implementing and evaluating of effective climate and sustainability policy....
Persistent link: https://www.econbiz.de/10011849441
In this paper, the relation between the equality of income distribution and sustainable development is discussed. This issue is elaborated using theories of justice of John Stuart Mill, John Roemer, John Rawls and Amartya Sen.
Persistent link: https://www.econbiz.de/10010333179
Renewable electricity technology adoption is an essential part of the measures to mitigate climate change and promote sustainable development. This paper investigates the drivers of and barriers to renewable electricity technology adoption in Nigeria. Specifically, the factors that influence the...
Persistent link: https://www.econbiz.de/10011849418
Organic farming is based on care for the proper functioning of ecosystems, organisms with the simultaneous production of wholesome food raw materials. It fits into the concept of sustainable development by implementing the aspects: economic, social and environmental. Theoretical and empirical...
Persistent link: https://www.econbiz.de/10014485915