Subjective performance appraisal and inequality aversion [PDF]
Making use of a subjective performance appraisal system, it is a well-established fact that many supervisors tend to assess the employees too good (leniency bias) and that the appraisals hardly vary across employees of a certain supervisor (centrality bias).
Christian Grund, Judith Przemeck
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The Relationship between Ethics and Economics in Substantiating the Government Economics Policy: Agent-Based Approach [PDF]
The article examines the relationship between ethical ideas and the main stages of scientific and technological development. The creation of Kant’s system coincided with industrial development and the spread of a market economy, often accompanied by ...
Tatyana S. Novikova
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Estimating a parsimonious model of inequality aversion in stackelberg duopoly experiments [PDF]
In the Stackelberg duopoly experiments in Huck et al. (2001), nearly half of the followers' behaviours are inconsistent with conventional prediction.
Lau, SHP, Leung, F
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Aversion to income, ethnic, and geographic related health inequality: Evidence from Australia.
This study investigated the Australian general public's views on trade-offs between reducing health inequalities and improving total health. It elicited relative equity weights, comparing inequalities in life expectancy at birth across three equity ...
Marie-Anne Boujaoude +4 more
semanticscholar +1 more source
Modeling Inequity Aversion in a Dictator Game with Production
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 ...
Ismael Rodriguez-Lara +1 more
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Estimating the parameter of inequality aversion on the basis of a parametric distribution of incomes
Research background: In applied welfare economics, the constant relative inequality aversion function is routinely used as the model of a social decisionmaker?s or a society?s preferences over income distributions. This function is entirely determined by
S. Kot
semanticscholar +1 more source
Are People Inequality‐Averse, or Just Risk‐Averse? [PDF]
Individuals' preferences for risk and inequality are measured through choices between imagined societies and lotteries. The median relative risk aversion, which is often seen to reflect social inequality aversion, is between 2 and 3. Most people are also found to be individually inequality‐averse, reflecting a willingness to pay for living in a more ...
Fredrik Carlsson +2 more
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Inequality among people has several unwanted effects, in humanistic, social and economic contexts. Several studies address distributional preferences among groups, but little is known about when inequality issues are focused and when and why inequality ...
Knut Lehre Seip, Frode Eika Sandnes
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Fairness requires deliberation: The primacy of economic over social considerations
While both economic and social considerations of fairness and equity play an important role in financial decision-making, it is not clear which of these two motives is more primal and immediate and which one is secondary and slow.
Guy eHochman +3 more
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Do we care about the powerless third? An ERP study of the three-person ultimatum game.
Recent years have provided increasing insights into the factors affecting economic decision making. Little is known about how these factors influence decisions that also bear consequences for other people. We examined whether decisions that also affected
Johanna eAlexopoulos +5 more
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