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) game causes lowpaid agents to reduce effort. We control for intentionality of wages byeither allowing a principal to … determine wages or by implementing arandom process. Our main observations are that discrimination hasno negative effect on …
Persistent link: https://www.econbiz.de/10009022163
equality seeking and rather try to impose rules (of bidding) guaranteeing it. Our axiomatic approach is based on envy-free net … division game. -- Auctions ; Fair Division ; Procedural fairness ; Envy-Freeness …
Persistent link: https://www.econbiz.de/10003944203
Altruists and envious people who meet in contests are symbionts. They do better than a population of narrowly rational individuals. If there are only altruists and envious individuals, a particular mixture of altruists and envious individuals is evolutionarily stable
Persistent link: https://www.econbiz.de/10013320155
This paper shows that models where preferences of individuals depend not only on their allocations, but also on the well-being of other persons, can produce both large and testable effects. We study the allocation of workers with heterogeneous productivities to firms. We show that even small...
Persistent link: https://www.econbiz.de/10010547201
emotional mechanisms have been proposed as a possible explanation. In particular, feelings of fairness, anger and envy are … driven by feelings of envy towards a third party. Results from two experiments suggest that responders experience feelings of … towards the proposer. Responders also experience dissatisfaction and envy when third party shares exceed their own shares …
Persistent link: https://www.econbiz.de/10009646375
Altruists and envious people who meet in contests are symbionts. They do better than a population of narrowly rational individuals. If there are only altruists and envious individuals, a particular mixture of altruists and envious individuals is evolutionarily stable.
Persistent link: https://www.econbiz.de/10009367848
) game causes low paid agents to reduce effiort. We control for intentionality of wages by either allowing a principal to … determine wages or by implementing a random process. Our main observations are that discrimination has no negative effiect on …
Persistent link: https://www.econbiz.de/10008464021
Altruists and envious people who meet in contests are symbionts. They do better than a population of narrowly rational individuals. If there are only altruists and envious individuals, a particular mixture of altruists and envious individuals is evolutionarily stable.
Persistent link: https://www.econbiz.de/10001737581
This paper shows that models where preferences of individuals depend not only on their allocations, but also on the well-being of other persons, can produce both large and testable effects. We study the allocation of workers with heterogeneous productivities to firms. We show that even small...
Persistent link: https://www.econbiz.de/10005772383
. The parameters representing "envy," "guilt," and logit errors are all significant, and the resulting model produces the …
Persistent link: https://www.econbiz.de/10005802018