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Inequality Aversion and Risk Attitudes [PDF]
SSRN Electronic Journal, 2010 Using self reported measures of life satisfaction and risk attitudes, we empirically test whether there is a relationship between individuals inequality and risk aversion. The empirical analysis uses the German SOEP household panel for the years 1997 to 2007 to conclude that the negative effect of inequality measured by the sample gini coefficient by ...
Ada Ferrer-i-Carbonell, Xavier Ramos
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On Inequity Aversion - A Reply to Binmore and Shaked [PDF]
, 2009 In this paper we reply to Binmore and Shaked’s criticism of the Fehr-Schmidt model of inequity aversion. We put the theory and their arguments into perspective and show that their criticism is not substantiated.
Fehr, Ernst, Schmidt, Klaus M.
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Inequity aversion, mandates, and the provision of public goods
, 2023 Kecinski, MaikPrevious research has shown that individuals have preferences for equity that deviate from traditional payoff maximizing economic theory.
Johnson, Caroline
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There is no joy like malicious joy: schadenfreude in young children. [PDF]
PLoS ONE, 2014 Human emotions are strongly shaped by the tendency to compare the relative state of oneself to others. Although social comparison based emotions such as jealousy and schadenfreude (pleasure in the other misfortune) are important social emotions, little ...
Simone G Shamay-Tsoory +2 more
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Desert and Inequity Aversion in Teams [PDF]
SSRN Electronic Journal, 2011 Teams are becoming increasingly important in work settings. We develop a framework to study the strategic implications of a meritocratic notion of desert under which team members care about receiving what they feel they deserve. Team members find it painful to receive less than their perceived entitlement, while receiving more may induce pleasure or ...
Gill, David, Stone, Rebecca
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Inequity aversion and the evolution of cooperation [PDF]
Physical Review E, 2014 Evolution of cooperation is a widely studied problem in biology, social science, economics, and artificial intelligence. Most of the existing approaches that explain cooperation rely on some notion of direct or indirect reciprocity. These reciprocity based models assume agents recognize their partner and know their previous interactions, which requires
Asrar Ahmed, Kamalakar Karlapalem
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Inequality aversion, health inequalities and health achievement [PDF]
Journal of Health Economics, 2002 This paper addresses two issues. The first is how health inequalities can be measured in such a way as to take into account policymakers' attitudes towards inequality. The Gini coefficient and the related concentration index embody one particular set of value judgements.
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Informational Inequity Aversion and Performance
SSRN Electronic Journal, 2019 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
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The co-evolution of fairness preferences and costly punishment. [PDF]
PLoS ONE, 2013 We study the co-evolutionary emergence of fairness preferences in the form of other-regarding behavior and its effect on the origination of costly punishment behavior in public good games.
Moritz Hetzer, Didier Sornette
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Interactive effects of OXTR and GAD1 on envy-associated behaviors and neural responses.
PLoS ONE, 2019 Inequity aversion (negative feelings induced by outcome differences between the self and other) plays a key role in human social behaviors. The neurotransmitters oxytocin and GABA have been implicated in neural responses to inequity.
Toshiko Tanaka +5 more
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