The article is concerned with understanding the impact of social preferences and wealth inequality on aggregate … microeconomic level and how these in turn translate into macroeconomic outcomes. Increasing the workers' sensitivity to inequality … wealth differences raise aggregate profit and output but entail distributional utility losses and increased inequality. …

assumption, which we relax. We find that, although monetary incentives are effective also with sociallyattentive agents, the … monetary incentives. We also show that the principal benefits from having a socially-attentive agent and how she optimally …

incentives according to each task's marginal productivity. By contrast, with a relatively large wage floor, the principal … gradually lowers effort incentives to avoid rent payments to the agents, even before the wage floor exceeds the agents …

We investigate the effects of wealth inequality on the incentives to contribute to a public good or a team output when … agents are inequity averse. We show that inequality may increase total output when it favors the more able agents. Moreover …, the more inequity averse the agents, the larger should be the inequality in wealth if total output is to be maximized. …

concentration indices for socioeconomic inequality in health based on the European Community Household Panel (ECHP) is presented … WORDS: Inequality, Health, Social Capital, European Community Household Panel, Ordered probit. JEL CATEGORY: D31, D63, I10 …

inequality. Simulations show that inequality generally builds up fast even if players have equal starting conditions and house … prices are stable; rising house prices imply more extreme inequality. An extension of the classical game with interest rates … inequality by more than high interest rates. The simulations also demonstrate a first-mover advantage both within a generation …

This paper studies the impact of economic inequality on political polarization. Using a unique dataset covering … different measures of regional income inequality as well as federal and state election outcomes at the county level in Germany …, we investigate whether inequality influences the share of votes for right-wing and left-wing extremist parties using …

Incentives for managers are often provided by offering them performance-based compensation schemes. The efficiency of …, it derives the result that the relation between incentives and the delegation of decision-making authority is not … mixed empirical evidence on the relation between incentives and decision-rights. …