Results 51 to 60 of about 796,616 (209)
Fairness in Risky Environments: Theory and Evidence
The relationship between risk in the environment, risk aversion and inequality aversion is not well understood. Theories of fairness have typically assumed that pie sizes are known ex-ante. Pie sizes are, however, rarely known ex ante.
Silvester Van Koten +2 more
doaj +1 more source
Summary: Whether commonly used experimental animals show aversion toward inequality of social rewards, as humans do remains unknown. We examined whether rats emitted the 22-kHz distress calls under social reward inequality.
Shota Okabe +3 more
doaj +1 more source
Informational Inequity Aversion and Performance
In labor markets, some individuals have, or believe to have, less data on the determinants of success than others, e.g., due to differential access to technology or role models. We provide experimental evidence on when and how informational differences translate into performance differences.
Bohnet, Iris, Saidi, Farzad
openaire +4 more sources
Estimation of Optimal Commodity Tax Rates in Iran [PDF]
This study estimates optimal commodity tax rates regarding efficiency and social justice. A many- person Ramsey rule and Bergson – Samuelson social welfare function are used for estimating optimal tax rates.
Abbas Arabmazar, Ali Akbar Bajelan
doaj
Exploring the Motivations for Punishment: Framing and Country-Level Effects.
Identifying the motives underpinning punishment is crucial for understanding its evolved function. In principle, punishment of distributional inequality could be motivated by the desire to reciprocate losses ('revenge') or by the desire to reduce payoff ...
Jonathan E Bone +2 more
doaj +1 more source
Investing in strangers in a socio-economic exchange is risky, as we may be uncertain whether they will reciprocate. Nevertheless, the potential rewards for cooperating can be great.
Andreas Hula +12 more
doaj +1 more source
Inequality aversion in income, health, and income-related health.
Based on a survey of a sample of the general public, we estimate inequality aversion across income, health, and bivariate income-health. Inequality aversion is domain specific: mean inequality aversion is greater for income than for health, but the ...
J. Hurley, E. Mentzakis, M. Walli-Attaei
semanticscholar +1 more source
Contracts and Inequity Aversion [PDF]
Using the concept of Inequity Aversion we derive in a Moral Hazard setting several results which differ from conventional contract theory. Our three key insights are: First, inequity aversion plays a crucial role in the design of optimal contracts. Second, there is a strong tendency towards linear sharing rules, giving a simple and plausible rationale ...
Florian Englmaier, Achim Wambach
openaire +3 more sources
Unique large-scale cooperation and fairness norms are essential to human society, but the emergence of prosocial behaviors is elusive. The fact that heterogeneous social networks prevail raised a hypothesis that heterogeneous networks facilitate fairness
Jing-Yi Li +7 more
doaj +1 more source
Inequality and risk aversion in health and income: an empirical analysis using hypothetical scenarios with losses [PDF]
Four kinds of distributional preferences are explored: inequality aversion in health, inequality aversion in income, risk aversion in health, and risk aversion in income.
Abásolo, I., Tsuchiya, A.
core

