Showing 1 - 10 of 297
This paper presents an experimental test of the theory of individual sense of fairness of Karni and Safra (2000). According to this theory individuals' choice among random procedures designed to allocate indivisible goods is motivated, in part, by concern for fairness. The experimental study is...
Persistent link: https://www.econbiz.de/10010318333
The Rentier State Hypothesis states that taxation promotes government accountability. The argument is that citizens demand more accountability for spending of tax revenue than for spending of windfall revenue (e.g., natural resource revenue). This paper presents evidence from a between-subject...
Persistent link: https://www.econbiz.de/10012907636
Services are often provided by groups. The question of remuneration arises both at the group level and for each individual group member. We examine the question of how relative pay should be designed within the group if all group members are to regard the payment scheme as fair. We use a...
Persistent link: https://www.econbiz.de/10012867774
Services are often provided by groups. The question of remuneration arises both at the group level and for each individual group member. We examine the question of how relative pay should be designed within the group if all group members are to regard the payment scheme as fair. We use a...
Persistent link: https://www.econbiz.de/10012026017
This study revisits Engelmann and Strobel (2004), who test the theoretical models of fairness preferences with simple distribution games. We execute the experiment by recruiting a panel of subjects via the online platform Amazon Mechanical Turk three years prior and directly within the COVID-19...
Persistent link: https://www.econbiz.de/10013295194
Meritocratic fairness justifies inequality when it stems from performance. Yet performance is influenced by one's genetics. I investigate whether individuals' redistribution preferences are affected by their beliefs about genetics' role in generating performance inequality. In an incentivized...
Persistent link: https://www.econbiz.de/10014496483
This paper analyzes a dynamic relational contract for employees with reciprocal preferences. I develop a tractable model to investigate how “direct” performance-pay (promising a bonus in exchange for effort) and generous upfront wages (which activate the norm of reciprocity) interact over...
Persistent link: https://www.econbiz.de/10012241077
This paper analyzes a dynamic relational contract for employees with reciprocal preferences. I develop a tractable model to investigate how "direct" performance-pay (promising a bonus in exchange for effort) and generous upfront wages (which activate the norm of reciprocity) interact over the...
Persistent link: https://www.econbiz.de/10012254054
This paper presents an infinite-horizon version of intergenerational utilitarianism that is both satisfactorily complete and consistent. By studying discounted utilitarianism as the discount factor tends to one, we obtain a welfare criterion --- limit-discounted utilitarianism --- that combines...
Persistent link: https://www.econbiz.de/10010258772
This paper provides axiomatic descriptions of social welfare relations, defined on infinite streams of utility, that are consistent with the utilitarian criterion on subsets where maximizing aggregate utility has a clear interpretation: the streams, or their differences, are summable. Besides...
Persistent link: https://www.econbiz.de/10010258774