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Inequality Indices as Tests of Fairness
Kanbur, Ravi - 2017
statistical tests for fairness within well-defined income distribution generating processes and a well specified notion of … fairness. We find that the likelihood ratio (LR) test for fairness versus unfairness within two such processes are proportional … their values differently – to compare them to critical values for a test of the null hypothesis of fairness, or to use them …
Persistent link: https://www.econbiz.de/10012957494
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'Fair' Welfare Comparisons with Heterogeneous Tastes : Subjective Versus Revealed Preferences
Akay, Alpaslan - 2017
Multidimensional welfare analysis has recently been revived by money-metric measures based on explicit fairness …
Persistent link: https://www.econbiz.de/10012948689
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The Importance of Peers for Compliance with Norms of Fair Sharing
Gaechter, Simon - 2016
A burgeoning literature in economics has started examining the role of social norms in explaining economic behavior. Surprisingly, the vast majority of this literature has studied social norms in asocial decision settings, where individuals are observed to act in isolation from each other. In...
Persistent link: https://www.econbiz.de/10013001858
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Working for Nothing : Personality and Time Allocation in the UK
Della Giusta, Marina; Jewell, Sarah - 2022
We contribute to the literature on the effects of personality traits on labour market outcomes focusing on time mismanagement as an underlying mechanism. We document differences in time allocation to the labour market by different personality types in the UK and show how they may account for...
Persistent link: https://www.econbiz.de/10014083945
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Recoupling Economic and Social Prosperity
Lima de Miranda, Katharina - 2020
This paper explores a new theoretical and empirical approach to the assessment of human well-being, relevant to current challenges of social fragmentation in the presence of globalization and technological advance. We present two indexes of well-being – solidarity (S) and agency (A) – to be...
Persistent link: https://www.econbiz.de/10012840448
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An Economics-Based Rationale for the Rawlsian Social Welfare Program
Stark, Oded - 2020
We show that a social planner who seeks to allocate a given sum in order to reduce efficiently the social stress of a population, as measured by the aggregate relative deprivation of the population, pursues a disbursement procedure that is identical to the procedure adhered to by a Rawlsian...
Persistent link: https://www.econbiz.de/10012823855
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Cooperation, Punishment and Organized Crime : A Lab-in-The-Field Experiment in Southern Italy
Nese, Annamaria - 2016
This paper reports the results of an experimental investigation which allows a deeper insight into the nature of social preferences amongst organized criminals and how these differ from "ordinary" criminals on the one hand and from the non‐criminal population in the same geographical area on...
Persistent link: https://www.econbiz.de/10012993865
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Endogenous Leadership : Selection and Influence
Arbak, Emrah; Villeval, Marie Claire - 2021
In social dilemmas, leading a team by making heroic efforts may prove costly, especially if the followers are not adequately motivated to make similar sacrifices. Attempting to understand what motivates these seemingly selfless individuals to lead, we report the results of a two-stage public...
Persistent link: https://www.econbiz.de/10013317130
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Effort and Comparison Income : Experimental and Survey Evidence
Clark, Andrew; Masclet, David; Villeval, Marie Claire - 2021
This paper considers the effect of status or relative income on work effort combining experimental evidence from a gift-exchange game with ISSP survey data. We find a consistent negative effect of others' incomes on individual effort in both datasets. The individual's rank in the income...
Persistent link: https://www.econbiz.de/10013317559
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Punishment, Inequality and Emotions
Masclet, David; Villeval, Marie Claire - 2021
Cooperation among people who are not related to each other is sustained by the availability of punishment devices which help enforce social norms (Fehr and Gächter, 2002). However, the rationale for costly punishment remains unclear. This paper reports the results of an experiment investigating...
Persistent link: https://www.econbiz.de/10013317600