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Cardiovascular Consequences of Unfair Pay
Falk, Armin; Menrath, Ingo; Verde, Pablo Emilio; … - 2011
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
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Unfair pay and health
Falk, Armin; Kosse, Fabian; Menrath, Ingo; Verde, Pablo … - 2014
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
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Individual Diversity and the Gini Decomposition
Ceriani, Lidia; Verme, Paolo - Society for the Study of Economic Inequality - ECINEQ - 2014
The paper defines the Gini index as the sum of individual contributions where individual contributions are interpreted as the degree of diversity of each individual from all other members of society. Among various possible forms of individual contributions to the Gini found in the literature, we...
Persistent link: https://www.econbiz.de/10010878125
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Cardiovascular Consequences of Unfair Pay
Falk, Armin; Menrath, Ingo; Verde, Pablo Emilio; … - Forschungsbasierte Infrastruktureinrichtung … - 2011
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
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Happiness, deprivation and the alter ego
Verme, Paolo - Society for the Study of Economic Inequality - ECINEQ - 2010
The paper focuses on satisfaction with income and proposes a utility model built on two value systems, the `Ego' system - described as one own income assessment relatively to one own past and future income - and the `Alter' system - described as one own income assessment relatively to a...
Persistent link: https://www.econbiz.de/10008512113
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Two classes of generalized deprivation indexes
Verme, Paolo - Society for the Study of Economic Inequality - ECINEQ - 2011
The paper uses two particular formulations of the Gini index to derive two different relative deprivation measures. We then generalize the formulation of these measures following Donaldson and Weymark (1980) and Berrebi and Silber (1985) and show how these generalizations can be considered as...
Persistent link: https://www.econbiz.de/10009193073
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Life satisfaction and income inequality
Verme, Paolo - Society for the Study of Economic Inequality - ECINEQ - 2010
Do people care about income inequality and does income inequality affect subjective wellbeing? Welfare theories can … predict either a positive or a negative impact of income inequality on subjective well-being and empirical research has found … such empirical heterogeneity. Using a very large sample of world citizens we test the consistency of income inequality in …
Persistent link: https://www.econbiz.de/10008782825
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Unfair Pay and Health
Falk, Armin; Kosse, Fabian; Menrath, Ingo; Verde, Pablo … - Forschungsbasierte Infrastruktureinrichtung … - 2014
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