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Chapter Twenty-One. Fair Allocation Rules
Thomson, William - In: Handbook of social choice and welfare : volume 2, (pp. 393-506). 2011
We review the theory of fairness as it pertains to concretely specified problems of resource allocations. We present …-envy, egalitarian-equivalence, individual and collective lower or upper bounds on welfare, notions of equal or equivalent opportunities … should respond to changes in resources (resource monotonicity), technologies (technology monotonicity), preferences (welfare …
Persistent link: https://www.econbiz.de/10014025187
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Equity as a prerequisite for stable cooperation in a public-good economy : the core revisited
Buchholz, Wolfgang; Peters, Wolfgang - 2010
In this paper we explore the relationship between an equitable distribution of the cost shares in public-good provision on the one hand and the core property of an allocation on the other. In particular we show that it is an inhomogeneous distribution of cost shares that motivates some coalition...
Persistent link: https://www.econbiz.de/10003983187
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Justifying the Lindahl solution as an outcome of fair cooperation
Buchholz, Wolfgang; Peters, Wolfgang - 2005
distributional equity. Fairness among agents with different preferences is taken into account by considering their marginal …
Persistent link: https://www.econbiz.de/10010261328
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Inequality, Inequity Aversion, and the Provision of Public Goods
Kölle, Felix - 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/10013129910
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Inequity and Risk Aversion in Sequential Public Good Games
Teyssier, Sabrina - 2010
This paper analyzes which type of intrinsic preferences drive an agent's behavior in a sequential public good game depending on whether the agent is first or second mover. Theoretical predictions are based on heterogeneity of individuals in terms of social and risk preferences. We modelize...
Persistent link: https://www.econbiz.de/10013150878
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Appropriating the commons : a theoretical explanation
Falk, Armin; Fehr, Ernst; Fischbacher, Urs - 2001
In this paper we show that a simple model of fairness preferences explains major experimental regularities of common …
Persistent link: https://www.econbiz.de/10011398786
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Implications of inequality aversion for international climate policy
Vogt, Carla; Sturm, Bodo - 2011
In this paper, we extend the Fehr and Schmidt model of inequality aversion to a situation where the players differ with respect to their benefits and costs from contributions to a non-linear public good. A necessary condition for contributing to the public good is that the players’ benefit...
Persistent link: https://www.econbiz.de/10009244226
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Cooperation is relative : income and framing effects with public goods
Brekke, Kjell Arne; Konow, James Douglas; Nyborg, Karine - 2012 - Publisert 21. mai. 2012 14:32 - Sist endret 21. mai. 2012 14:33
others about what one should contribute. -- Public good game ; threshold ; communication ; fairness ; endowment heterogeneity …
Persistent link: https://www.econbiz.de/10009536466
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Inequality Aversion and Asymmetric Cooperation in N-Player Public Good Games
Hariskos, Wasilios - 2017
Conditional cooperation is an important factor in voluntary cooperation. Fehr and Schmidt (1999) show that in public good games conditional cooperation among rational players is feasible if cooperators are sufficiently inequality averse and if there are not too many free riders. The derived...
Persistent link: https://www.econbiz.de/10012941202
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Justifying the Lindahl Solution as an Outcome of Fair Cooperation
Buchholz, Wolfgang; Peters, Wolfgang - 2021
distributional equity. Fairness among agents with different preferences is taken into account by considering their marginal …
Persistent link: https://www.econbiz.de/10013318275