Showing 1 - 10 of 848
How malleable are peopleś fairness ideals? Although fairness is an oft-invoked concept in allocation situations, it is … still unclear whether and to what extent peopleś allocations reflect their fairness ideals. We investigate in a laboratory … experiment whether peopleś fairness ideals vary with respect to changes in the order in which they undertake two allocation tasks …
Persistent link: https://www.econbiz.de/10011279775
We consider three-person envy games with a proposer, a responder, and a dummy player. In this class of games, the proposer, rather than allocating a constant pie, chooses the pie size which the responder can then accept or reject while the dummy player can only refuse his own share. While the...
Persistent link: https://www.econbiz.de/10009544389
candidates. -- social ranking ; fairness ; fair game forms ; objective equality ; mechanism ; design ; committee decision making …
Persistent link: https://www.econbiz.de/10008991294
successful in terms of fit to the experimental data: EQRE, IBE, EIBE, QRE and Nash equilibrium. -- Fairness ; Inequity aversion …
Persistent link: https://www.econbiz.de/10008811006
. Additionally, it relies on intuitive fairness and profitability requirements. Our results indicate that the provision rule is … of the most efficient project is positive. -- Public project ; Bidding behavior ; Procedural fairness …
Persistent link: https://www.econbiz.de/10009567095
Frequent violations of fair principles in real-life settings raise the fundamental question of whether such principles can guarantee the existence of a self-enforcing equilibrium in a free economy. We show that elementary principles of distributive justice guarantee that a pure-strategy Nash...
Persistent link: https://www.econbiz.de/10012659137
We model consumption and labor supply behavior of a couple in a non-cooperative setting. Using minimal assumptions, we prove that demand for public goods is characterized by three regimes. It is either determined by the preferences of one of the partners only (Husband Dictatorship or Wife...
Persistent link: https://www.econbiz.de/10010463625
It is unlikely that husbands and wives always agree on exactly what public goods to buy. Nor do they necessarily agree on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor supply behavior of a couple in a non-cooperative setting...
Persistent link: https://www.econbiz.de/10003872703
We model consumption and labor supply behavior of a couple in a non-cooperative setting. Using minimal assumptions, we prove that demand for public goods is characterized by three regimes. It is either determined by the preferences of one of the partners only (Husband Dictatorship or Wife...
Persistent link: https://www.econbiz.de/10013045742
It is unlikely that husbands and wives always agree on exactly what public goods to buy. Nor do they necessarily agree on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor supply behavior of a couple in a non-cooperative setting...
Persistent link: https://www.econbiz.de/10013158087