Showing 1 - 10 of 150
systematically refutes the self-interest hypothesis and suggests that many people are strongly motivated by concerns for fairness and … insights into the nature of preferences and into the relative performance of competing theories of fairness. The purpose of …
Persistent link: https://www.econbiz.de/10005656392
This Paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10005791797
We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral … concerned with fairness. Conversely, contracts that are doomed to fail when there are only selfish actors provide powerful …
Persistent link: https://www.econbiz.de/10005792499
In this Paper we show that a simple model of fairness preferences explains major experimental regularities of common …
Persistent link: https://www.econbiz.de/10005123667
-interest theory but is consistent with theories of fairness. …
Persistent link: https://www.econbiz.de/10005114195
We consider a bargaining model of the interaction between a government and interest groups in which, unlike existing … models, neither side is assumed to have all the bargaining power. The government will then find it optimal to constrain … itself in the use of transfer policies to improve its bargaining position. In a model of redistribution to lobbies, the …
Persistent link: https://www.econbiz.de/10005504570
. Equilibrium quantities are efficient regardless of concentration. The law of one price does not hold. Prices depend on …
Persistent link: https://www.econbiz.de/10005789066
The paper analyses a situation in which negotiations take place between a party consisting of a single decision-maker and a party consisting of a group of two decision-makers. The latter, in setting its proposal to the opponent party, may act cooperatively or non-cooperatively within itself. The...
Persistent link: https://www.econbiz.de/10005123724
This Paper analyses bargaining between the European Parliament (EP) and the Council of Ministers (CM) in the … contrast to other studies, which use power indices or simple spatial-voting models, both institutions are assumed to act …
Persistent link: https://www.econbiz.de/10005114474
The centrality of an agent in a network has been shown to be crucial in explaining different behaviors and outcomes. In this paper, we propose an axiomatic approach to characterize a class of centrality measures for which the centrality of an agent is recursively related to the centralities of...
Persistent link: https://www.econbiz.de/10011083213