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Persistent link: https://www.econbiz.de/10010677864
Current social utility models posit fairness as a motive for certain types of strategic behavior. The models differ …, however, with respect to how fairness is measured. Distribution models measure fairness in terms of relative payoff … comparisons. Reciprocal-kindness models measure fairness in terms of gifts given and gifts received. Reference points play an …
Persistent link: https://www.econbiz.de/10005753249
-sponsored enterprises. The policy is analyzed in terms of efficiency and fairness. Potential efficiency advantages include easier logistics … where the policy is not a theoretical optimum are demonstrated. Fairness results from equality of opportunity for all … citizens, avoiding the worsening inequality and public opposition associated with conventional privatization policies …
Persistent link: https://www.econbiz.de/10005574483
specific attention to the efficiency, sustainability, and fairness of solutions to this model. We compare and contrast both …
Persistent link: https://www.econbiz.de/10011257048
for 72 countries from all continents. Inefficient countries reveal conditions of lacking fairness. …
Persistent link: https://www.econbiz.de/10005000358
We study the Markov perfect equilibria (MPEs) of an infinite horizon game in which pairs of players connected in a network are randomly matched to bargain. Players who reach agreement are removed from the network without replacement. We establish the existence of MPEs and show that MPE payoffs...
Persistent link: https://www.econbiz.de/10010573659
available. Thus, our model features a special form of bargaining delay, in which agreements take place in multiple stages. Such …
Persistent link: https://www.econbiz.de/10010702848
The present paper deals with the notions of efficiency and efficacy in the field of commercial law, especially in …
Persistent link: https://www.econbiz.de/10010671669
This paper examines the feasibility of energy efficiency as a short term solution to the Caribbean’s energy problems … the selected group, the energy efficiency is determined. Data for five (5) buildings with similar characteristics were …
Persistent link: https://www.econbiz.de/10011044301
procedural fairness effects of voice. Our results show strong effects through the value expressive and expectation channel, but … not through either the knowledge channel or procedural fairness. In our view, voice is powerful because people like to …
Persistent link: https://www.econbiz.de/10010988997