Parties in a bargaining situation may perceive guilt, a utility loss caused by receiving the larger share that is modeled in some social preferences. I extend Rubinstein (1982)´s solution of the open-ended alternating-offer bargaining problem for self-interested bargainers to a game with...

Experimental evidence suggests the size of the foregone outside option of the first mover does not affect the behavior of the second mover in the lost wallet game. In this paper we experimentally compare the behavior of subjects when they face an outside option with unequal payoffs, i.e., the...

This paper revisits the fair and optimal allocation mechanism (Sun and Yang, Economics Letters 81:73-79, 2003) and demonstrates that it is coalitionally strategy-proof. The proof is valid for general preferences, it is simple and it is short.

This paper analyzes the impact of a politician's re-election concerns on the truthfulness of a bureaucrat's advice in a two-period cheap-talk model of information transmission under the merit system. I demonstrate that the politician follows the bureaucrat's advice when his re-election concerns...

The paper proposes a simple framework for the evaluation of anti-poverty programs based on single means differences, FGT poverty measures and stochastic dominance theory. A Treatment Effect Curve (TEC) is derived and its use illustrated with simulated data

This paper constructs an assignment model that allocates a variable number of labor to a variable amount of capital. Sattinger introduced an assignment model in which a worker is coupled with a machine. In Sattinger's model, workers and machines differ in quality, e.g., ability, productivity,...

Over the past few years a large body of literature has studied the determinants of individual preferences for income equality and redistributive policies. In this paper, using data collected in 2005 by the World Values Survey (WVS), we specifically focus on the preferences expressed by Italians...

This note uses ECHP data to study the extent to which family characteristics affect the early career outcomes (earnings) of children in seven European countries: Germany, France, Italy, Greece, Spain, Portugal and Austria. The overall importance of family influence on earnings is assessed by...

We propose a new methodology, based on bilateral comparisons between households, to analyze the determinants of income inequality, and confirm the influence of variables related to: (i) socio-economic characteristics of the household, (ii) dimension and composition of the household, (iii) the...

While much attention has focused on health disparities between socio-economic groups, most health inequality actually occurs within socio-economic groups. We examine trends in overall health inequality – measured by realized length-of-life inequality – through the lens of social...