characteristics to others. The model is one of rational voting and generates the following predictions: (i) The paradox of not voting … does not arise, because the benefit of voting does not vanish with population size. (ii) Turnout in elections is positively … related to the size of the local community and the importance of social interactions. (iii) Voting may exhibit bandwagon …

characteristics to others. The model is one of rational voting and generates the following predictions: (i) The paradox of not voting … does not arise, because the benefit of voting does not vanish with population size. (ii) Turnout in elections is positively … related to the size of the local community and the importance of social interactions. (iii) Voting may exhibit bandwagon …

extent of their fairness concerns. Fairness is modelled as inequity aversion, where fair-minded workers suffer if their … colleagues get more income net of production costs. Screening workers with equal productivity but different fairness concerns is … the fraction of fair-minded workers. As a result, fairness might infuence the employment contracts of all workers although …

extent of their fairness concerns. Fairness is modelled as inequity aversion, where fair-minded workers suffer if their … colleagues get more income net of production costs. Screening workers with equal productivity but different fairness concerns is … the fraction of fair-minded workers. As a result, fairness might influence the employment contracts of all workers …

fairness in the absence of monetary compensation, we consider random assignments and analyse various equity criteria for such …

. Strong reciprocity means that people willingly repay gifts and punish the violation of cooperation and fairness norms even in …

The excessive compensation packages of CEOs of U.S. corporations in recent years have brought the issue of fairness to …, cares only about efficiency and not fairness. We present an alternative theory that shows that an ideal free market … environment also promotes fairness, as an emergent property resulting from the self-organizing market dynamics. Even though an …

indices, both institutions are assumed to act strategically. Predicted bargaining outcomes of the crucial Conciliation stage …

indices, both institutions are assumed to act strategically. Predicted bargaining outcomes of the crucial Conciliation stage …