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This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10011601022
This paper investigates physiological responses to perceptions of unfair pay. We use an integrated approach exploiting complementarities between controlled lab and representative field data. In a simple principal-agent experiment agents produce revenue by working on a tedious task. Principals...
Persistent link: https://www.econbiz.de/10010464368
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10009277158
The generalized entropy class of inequality indices is derived for Generalized Beta of the Second Kind (GB2) income … inequality in 1994/95 and 2004/05 illustrates the analysis. …
Persistent link: https://www.econbiz.de/10005125076
earnings and income inequality in the USA. Time-inconsistency problems related to top coding in theses data have led many … summary measure of inequality. With access to public use and restricted-access internal CPS data, and bounding methods, we … show that using P90/P10 does not completely obviate time-inconsistency problems, especially for household income inequality …
Persistent link: https://www.econbiz.de/10005413422
This paper investigates physiological responses to perceptions of unfair pay. We use an integrated approach exploiting complementarities between controlled lab and representative field data. In a simple principal-agent experiment agents produce revenue by working on a tedious task. Principals...
Persistent link: https://www.econbiz.de/10011098748
Over the last four decades, academic and wider public interest in inequality and poverty has grown substantially. In … this paper we address the question: what have been the major new directions in the analysis of inequality and poverty over … inequality and poverty, changes in the policy environment, increased scrutiny of the concepts of ‘poverty’ and inequality’ and …
Persistent link: https://www.econbiz.de/10005230615