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Inequity Aversion in Tournaments [PDF]
SSRN Electronic Journal, 2003 We consider the cost of providing incentives using tournaments when workers are inequity averse and performance evaluation is costly. The principal never benefits from empathy to align incentives in a moral hazard framework between the workers, but he may benefit from their propensity for envy depending on the costs of assessing performance.
Dominique Demougin, Claude Fluet
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Inequality aversion, impartiality and utilitarianism
Social Choice and Welfare, 2004zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Preference for Randomization - Ambiguity Aversion and Inequality Aversion [PDF]
, 2010 In Anscombe and Aumann's (1963) domain, there are two types of mixtures. One is an ex-ante mixture, or a lottery on acts. The other is an ex-post mixture, or a state-wise mixture of acts. These two mixtures have been assumed to be indifferent under the Reversal of Order axiom.
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Measuring international inequity aversion [PDF]
, 2008 I measure the rate of aversion to inequality in consumption as expressed in the development aid given by rich countries to poor ones between 1965 and 2005. Over time, OECD countries have become less concerned about international inequity. Even for a fairly leaky bucket, the consumption rate of inequity aversion is less than the rate of risk aversion ...
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The Rhetoric of Inequity Aversion [PDF]
SSRN Electronic Journal, 2005 We read two papers on Inequity Aversion by E. Fehr & K. Schmidt. We examine the structure and quality of their arguments and the use they make of rhetoric in their papers.
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Efficient Inequity-Averse Teams
2007This paper analyzes the efficiency of team production when agents exhibit other regarding preferences. It is shown that full efficiency can be sustained as an equilibrium through a budget-balancing mechanism that punishes some randomly chosen agents if output falls short of efficient level but distributes the output equally otherwise, provided that the
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The Development of Inequity Aversion
Psychological Science, 2016Children and adults respond negatively to inequity. Traditional accounts of inequity aversion suggest that as children mature into adults, they become less likely to endorse all forms of inequity. We challenge the idea that children have a unified concern with inequity that simply becomes stronger with age.
Alex Shaw +2 more
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The emerging aversion to inequality
2010This paper provides evidence of the changing attitudes to inequality during transition to the market in Poland. Using repeated cross-sections of the population, it identifies a structural break in the relationship between income inequality and satisfaction.
Grosfeld, Irena, Senik, Claudia
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The Development of Inequity Aversion.
Psychological science, 2017Children and adults respond negatively to inequity. Traditional accounts of inequity aversion suggest that as children mature into adults, they become less likely to endorse all forms of inequity. We challenge the idea that children have a unified concern with inequity that simply becomes stronger with age.
Alex, Shaw +2 more
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