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)....

Ever-more sophisticated studies on the methodological approach and the conceptual scope of poverty have led to a consensus among scholars on the dynamic characteristic of this phenomenon - in other words, the existence of an in-and-out of privation movement of individuals and families. Within...