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This paper analyses one of Turgot's first economic essays, Plan d'un ouvrage sur le commerce, la circulation et l'intérêt de l'argent, la richesse des états (1753-4). Written prior to the appearance of physiocratic influence, it is Turgot's contribution to the movement of writing that bubbled...
Persistent link: https://www.econbiz.de/10011613794
The reduction of poverty, and more recently inequality, are pressing concerns in many low- and middle-income countries, not in the least as a result of the Sustainable Development Goals committing countries to significant improvements by 2030. Redistribution is important for reaching these...
Persistent link: https://www.econbiz.de/10011653923
efficiency and equity of the final outcome. Furthermore, these tendencies are stronger when the two players have conflicting …
Persistent link: https://www.econbiz.de/10012013663
With address to developing countries, this paper derives some formulae for the optimal price structure for publicly provided private goods. A general equilibrium model is examined, which makes it possible to incorporate features like distributional social objectives and public profit constraints...
Persistent link: https://www.econbiz.de/10011967895
Does geographic or (perceived) social distance between subjects significantly affect proposer and responder behavior in ultimatum bargaining? To answer this question, subjects once play an ultimatum game with three players (proposer, responder, and dummy player) and asymmetric information (only...
Persistent link: https://www.econbiz.de/10010263869
high efforts. The treatment difference instead seems to be driven by the fact that the norm of equity is violated far more … frequently in the equal wage treatment. After having suffered from violations of the equity principle, agents withdraw effort … that adherence to the norm of equity is a necessary prerequisite for successful establishment of gift-exchange relations. …
Persistent link: https://www.econbiz.de/10010269195
. Distributional equity of the individual burdens of public-good contribution is assessed by a specific sacrifice measure (the 'Moulin …
Persistent link: https://www.econbiz.de/10010270530
The importance of fair and equal treatment of workers is at the heart of the debate in organizational management. In this regard, we study how reward mechanisms and production technologies affect effort provision in teams. Our experimental results demonstrate that unequal rewards can potentially...
Persistent link: https://www.econbiz.de/10010274004
The importance of fair and equal treatment of workers is at the heart of the debate in organizational management. In this regard, we study how reward mechanisms and production technologies affect effort provision in teams. Our experimental results demonstrate that unequal rewards can potentially...
Persistent link: https://www.econbiz.de/10010274018
high efforts. The treatment difference instead seems to be driven by the fact that the norm of equity is violated far more … frequently in the equal wage treatment. After having suffered from violations of the equity principle, agents withdraw effort … that adherence to the norm of equity is a necessary prerequisite for successful establishment of gift-exchange relations. …
Persistent link: https://www.econbiz.de/10010277484