Berthold, Norbert; Brunner, Alexander - Wirtschaftswissenschaftliche Fakultät, Bayerische … - 2008
Although there is a vast theoretical literature on the existence of a tradeoff between equity and efficiency, empirical … cope better with this trade-off and are actually able to provide what economists call a free lunch. In this paper we use … (b) whether some social systems are actually better in coping with the trade-off between equity and efficiency. …