Showing 1 - 10 of 8,136
rationales: (1) balance (comparison, matching), often related to equality and fairness, or to the desire to avoid moral … associate efficiency, fairness, and the intrinsic quality of social relations. …
Persistent link: https://www.econbiz.de/10014023677
value the fairness of the price system, and examine how deeply such differences are rooted in their course of studies. The …
Persistent link: https://www.econbiz.de/10010503705
The question of whether lawyers and managers behave selfishly or fairly has inspired discussion for a long time. Empirical evidence, however, is sparse. Using data from an experiment with 359 law and business administration students, we investigate this question empirically and provide first...
Persistent link: https://www.econbiz.de/10011299882
We introduce the give-or-destroy game that allows us to fully elicit an individual s social preference schedule. We find that about one third of the population exhibits both pro-social and anti-social preferences that are independent of payoff comparisons with those who are affected. We call...
Persistent link: https://www.econbiz.de/10010480545
of fairness toward the price mechanism, whereas non-economists did not exhibit significant sensitivity. This sensitivity … fairness. The latter reflects equal treatment in terms of general perceptions, thus this could be interpreted as an increased …
Persistent link: https://www.econbiz.de/10010379898
Minimum wages aim to raise wages for low-wage workers, but how do they affect fair wageperceptions? Using Socio-Economic Panel (SOEP) data, we show that fair wages are basi-cally linearly related with paid wages prior to the German minimum wage introduction in2015. After the introduction, this...
Persistent link: https://www.econbiz.de/10012848809
This study evaluates people’s concerns for distributive fairness (equality of outcomes and payoffs to those worse …-off) and reciprocal fairness (receiving what one is due based on one’s past actions) using dictator, ultimatum, and trust games … distributive fairness, we identify positive offers as first movers in both games as evidence of expectations of reciprocity by …
Persistent link: https://www.econbiz.de/10010870874
-serving biases concerning their fairness judgements. Moreover, psychological literature suggests that this can be a driving force of …
Persistent link: https://www.econbiz.de/10010439370
statistical tests for fairness within well-defined income distribution generating processes and a well specified notion of … fairness. We find that the likelihood ratio (LR) test for fairness versus unfairness within two such processes are proportional … their values differently – to compare them to critical values for a test of the null hypothesis of fairness, or to use them …
Persistent link: https://www.econbiz.de/10011641764
We argue that economics – as the scientific method of analyzing trade-offs – can be helpful (and may even be indispensable) for assessing the trade-off between intergenerational and intragenerational justice. Economic analysis can delineate the “opportunity set” of politics with respect...
Persistent link: https://www.econbiz.de/10009356137