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Distributive justice and CEO compensation
Jasso, Guillermina; Meyersson Milgrom, Eva M. - 2007
This paper develops a framework for studying individuals' ideas about what constitutes just compensation for chief executive officers (CEOs) and reports estimates of just CEO pay and the principles guiding ideas of justice. The sample consists of students pursuing a Master of Business...
Persistent link: https://www.econbiz.de/10010268740
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Equality, equity and incentives: An experiment
Balafoutas, Loukas; Kocher, Martin G.; Putterman, Louis; … - 2010
We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects eithervote on or exogenously...
Persistent link: https://www.econbiz.de/10010274671
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Inequality perceptions, distributional norms, and redistributive preferences in East and West Germany
Kuhn, Andreas - 2011
This paper studies differences in inequality perceptions, distributional norms, and redistributive preferences between East and West Germany. As expected, there are substantial differences with respect to all three of these measures. Surprisingly, however, differences in distributional norms are...
Persistent link: https://www.econbiz.de/10010278569
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Inequality, inequity aversion, and the provision of public goods
Kölle, Felix; Sliwka, Dirk; Zhou, Nannan - 2011
We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are inequity averse and may differ in ability. We show that equality may lead to a reduction of public good provision below levels generated by purely selfish agents. But introducing...
Persistent link: https://www.econbiz.de/10010278642
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Preferences for redistribution
Alesina, Alberto; Giuliano, Paola - 2009
This paper discusses what determines the preferences of individuals for redistribution. We review the theoretical literature and provide a framework to incorporate various effects previously studied separately in the literature. We then examine empirical evidence for the US, using the General...
Persistent link: https://www.econbiz.de/10010269192
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The equality multiplier: How wage setting and welfare spending make similar countries diverge
Barth, Erling; Moene, Karl Ove - 2012
The complementarity between wage setting and welfare spending can explain how almost equally rich countries differ in economic and social equality among their citizens. More wage equality increases the welfare generosity via political competition in elections. A more generous welfare state fuels...
Persistent link: https://www.econbiz.de/10010282252
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Peer effects in pro-social behavior: Social norms or social preferences?
Gächter, Simon; Nosenzo, Daniele; Sefton, Martin - 2012
We compare social preference and social norm based explanations for peer effects in a three-person gift-exchange game experiment. In the experiment a principal pays a wage to each of two agents, who then make effort choices sequentially. In our baseline treatment we observe that the second...
Persistent link: https://www.econbiz.de/10010282212
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Die Messung von Armut unter Berücksichtigung regional divergierender Lebenshaltungskosten und öffentlicher Leistungen
Hillringhaus, Tilman; Peichl, Andreas - 2010
Bislang beschränkt sich die Messung von Armut und Ungleichheit in der deutschen Armutsberichterstattung im Wesentlichen … Armutslückenverhältnis wird auf Ebene der Analyseregionen durch das aktuelle Vorgehen in der Regel überschätzt. Die Ungleichheit in der … Armutsberichterstattung zu erwarten ist. Deutliche Unterschiede zwischen den Landesteilen bleiben bestehen, allerdings wirkt die Ungleichheit …
Persistent link: https://www.econbiz.de/10010278641
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A New Unified Theory of Sociobehavioral Forces
Jasso, Guillermina - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
This paper proposes a new unified theory of sociobehavioral forces. The goal of the new theory isto integrate theories describing five sociobehavioral processes - comparison (including justiceand self-esteem), status, power, identity, and happiness - bringing under a single theoreticalumbrella...
Persistent link: https://www.econbiz.de/10005860770
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Heterogeneous Life-Cycle Profiles, Income Riskand Consumption Inequality
Primiceri, Giorgio E.; Rens, Thijs van - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
Was the increase in income inequality in the US due to permanent shocks or merely to anincrease in the variance of transitory shocks? The implications for consumption and welfaredepend crucially on the answer to this question. We use CEX repeated cross-section data onconsumption and income to...
Persistent link: https://www.econbiz.de/10005861079