We expand upon the previous models of inequity aversion of Fehr and Schmidt [1], and Frohlich et al. [2], which assume that dictators get disutility if the final allocation of surplus deviates from the equal split (egalitarian principle) or from the subjects' production (libertarian principle)....

Die Sicherstellung von gleichen Lebenschancen ist ein Ziel, das seit vielen Jahren alle westlich geprägten demokratisch verfassten Gesellschaften teilen. Obwohl alle Bürger formal über gleiche Rechte verfügen, sind auch in Deutschland die Chancen für individuelle Lebensverläufe je nach...

We investigate a normative theory of incomplete preferences in the context of preliminary screening procedures. We introduce a theory of ranking in the presence of objectively incomparable marginal contributions (apples and oranges). Our theory recommends benchmarking, a method under which an...

Aim: The purpose of this paper is to identify common mistakes and pitfalls as well as best practices in estimating labor intensity in software projects. The quality of estimations in less experienced teams is often unsatisfactory, as a result of which estimation as part of the software...