Showing 1 - 10 of 322
In this article, we use a stylized model of the labor market to investigate the effects of three alternative and well-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm’s matching model of unemployment. To the best of...
Persistent link: https://www.econbiz.de/10008564709
How do individuals shape societies? How do societies shape individuals? This paper develops a framework for studying the connections between micro and macro phenomena. The framework builds on two ingredients widely used in social science − population and variable. Starting with the simplest...
Persistent link: https://www.econbiz.de/10005039644
paper presents a model of killing versus enslaving Caesar, based on a new theory which unifies justice, status, and power … of societies – justice-nonmaterialistic, status, and power-nonmaterialistic. Results cover members’ gains, effects of own … killed only in a justice-nonmaterialistic society, and from the noblest of motives – to achieve equal gains for members. …
Persistent link: https://www.econbiz.de/10005822039
This paper develops the mathematical foundations of comparison, referential, and relative (CRR) processes. The key ingredients are: (1) three kinds of terms; and (2) two kinds of relations. Combining the three terms - absolute amount, relative amount, and relative rank - with the two kinds of...
Persistent link: https://www.econbiz.de/10005700875
describing five sociobehavioral processes - comparison (including justice and self-esteem), status, power, identity, and …
Persistent link: https://www.econbiz.de/10005703470
In this paper we provide a new methodology to measure opportunity inequality and to decompose overall inequality in an "ethically offensive" and an "ethically acceptable" part. Moreover, we provide some empirical applications of these new evaluation tools: in the first exercise, we compare the...
Persistent link: https://www.econbiz.de/10005703562
health. To support a justice argument for such modification, we show how the current global economic order may contribute to …
Persistent link: https://www.econbiz.de/10009653979
behavior is almost non-existent. We study sabotage in tournaments in a controlled laboratory experiment and are able to confirm …
Persistent link: https://www.econbiz.de/10004980267
We study experimentally the protection of property in five widely distinct countries – Austria, Mexico, Mongolia, South Korea and the United States. Our main results are that the security of property varies with experimental institutions, and that our subject pools exhibit significantly...
Persistent link: https://www.econbiz.de/10011128038
benchmark is tested in an experiment. Furthermore, we provide the first clean one-shot experimental test of the Lazear and Rosen … (1981) tournament model. In a second experiment, we investigate the effectiveness of corporate value statements to encourage …
Persistent link: https://www.econbiz.de/10011105057