efficiency and equity of the final outcome. Furthermore, these tendencies are stronger when the two players have conflicting …

(intergenerational equity), using a common framework generalizing the discounted expected utilitarianism approach. We propose a general … measure of welfare as equity equivalents and develop the corresponding inequity index. We then allow for different degrees of …

urbanization, with and without equity consideration, respectively. It is shown that considering equity will result in a higher … those that did not. Finally, we explore possible equity consideration-to-urbanization transmission channels, and empirically … establish that equity consideration in PRC (e.g., government initiatives towards combating rural poverty or the urban-rural gap …