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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)....
Persistent link: https://www.econbiz.de/10009754116
In this paper, we use stated satisfaction to estimate social preferences: subjects report their satisfaction with payment-profiles that hold their own payment constant while varying another subject's payment. This approach yields significant support for the inequity aversion model of Fehr and...
Persistent link: https://www.econbiz.de/10012517850
evaluation. In a UK general population sample, 569 online experiment participants distribute constrained resources to determine …
Persistent link: https://www.econbiz.de/10014577916
We design a novel experiment to identify aversion to pure (univariate) health inequality separately from aversion to …
Persistent link: https://www.econbiz.de/10014249848
We conduct an interdisciplinary meta-analysis to aggregate the knowledge from empirical estimates of inequality aversion reported from 1999 to 2022. In particular, we examine 85 estimates of disadvantageous inequality aversion (or envy) and advantageous inequality aversion (or guilt) from 26...
Persistent link: https://www.econbiz.de/10013285841
Inequity plays a fundamental role in the evaluation of social welfare in many dimensions.We revisit the concept of inequity, whether across states of world (uncertainty), across individuals (inequality) and across generations (intergenerational equity), using a common framework generalizing the...
Persistent link: https://www.econbiz.de/10011622070
of selfishness and a notion of justice. The theory was tested using dictator, social planner, and veil of ignorance … experiments. Here we analyse gender differences in preferences for giving and notions of justice in experiments using the same … differences in the notion of justice between men and women; women tend to be far more egalitarian. Using our preference …
Persistent link: https://www.econbiz.de/10011339883
of selfishness and a notion of justice. The theory was tested using dictator, social planner, and veil of ignorance … experiments. Here we analyse gender differences in preferences for giving and notions of justice in experiments using the same … differences in the notion of justice between men and women; women tend to be far more egalitarian. Using our preference …
Persistent link: https://www.econbiz.de/10011327335
Persistent link: https://www.econbiz.de/10014024207
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10010359304