Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can … shading. To analyze fairness perceptions associated with competitive mechanisms, we run laboratory experiments where a single … powerful buyer can trade with one of several sellers - an environment that can lead to pronounced inequality among the …

Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can … shading. To analyze fairness perceptions associated with competitive mechanisms, we run laboratory experiments where a single … powerful buyer can trade with one of several sellers - an environment that can lead to pronounced inequality among the …

Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can … shading. To analyze fairness perceptions associated with competitive mechanisms, we run laboratory experiments where a single … powerful buyer can trade with one of several sellers- an environment that can lead to pronounced inequality among the …

Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can … shading. To analyze fairness perceptions associated with competitive mechanisms, we run laboratory experiments where a single … powerful buyer can trade with one of several sellers - an environment that can lead to pronounced inequality among the …

Abstract: We study the impact of unjust inequality on social trust and trustworthiness, and its separate effect on the … economic inequality on social interactions. Probing the boundaries of this effect, we document that this erosion of social …

efficiency and equity of the final outcome. Furthermore, these tendencies are stronger when the two players have conflicting …

income towards rent-seekers. Consequently, an economy with few rent-seekers tends to have high income inequality: an effect … inequity). This tradeoff between efficiency and equity is the primary focus of this paper. We investigate how the distribution …

, altruism and concern for inequality. We find that decision makers who are selected democratically are generally more efficiency …. We test whether a democratic context influences the social preferences of decision makers in terms of efficiency … distribution sometime conflict, efficiency is no higher with democratic leaders, although payoffs are more equal. We interpret our …

efficiency and equity of the final outcome. Furthermore, these tendencies are stronger when the two players have conflicting …