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efficiency and equity of the final outcome. Furthermore, these tendencies are stronger when the two players have conflicting …
Persistent link: https://www.econbiz.de/10012961111
efficiency-equality trade-off and implement a cross-country comparison between France and Germany. In particular, we show that …
Persistent link: https://www.econbiz.de/10010342891
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic … analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent … voluntary redistribution of income or wealth. The theory concentrates on lump-sum voluntary transfers, individual or collective …
Persistent link: https://www.econbiz.de/10014023678
Persistent link: https://www.econbiz.de/10011473376
According to principal-agent theory, a share contract strikes an optimal balance between risk-sharing and incentive … provision when it is difficult to gauge the agent's contribution. This theory predicts that the size of the share should vary …
Persistent link: https://www.econbiz.de/10013013541
How does polarization - as measured by mistreatment of political rivals - spread? In an online experiment, participants choose between splitting financial resources equally or discriminating against a member of the opposing political party. We vary the information subjects receive about others'...
Persistent link: https://www.econbiz.de/10015420710
This note offers two comments on the article "Social Influences towards Conformism in Economic Experiments" by Hargreaves Heap that is to appear in the Economics e-Journal. One relates to the concept of conformism, the other lines out some phenomena where an explicit recognition of group...
Persistent link: https://www.econbiz.de/10010464701
considerations to explain the development or sustainability of these transfers. Such is the implicit ambition of efficiency theories … explained by pure efficiency motives, but less than what would be predicted under the extended insurance hypothesis. One …
Persistent link: https://www.econbiz.de/10014023654
Empirical studies have shown that preferences for redistribution are significantly correlated with expectations of future mobility and the belief that society offers equal opportunities. We add to previous research by investigating the role of individual and social norms on rent seeking. We find...
Persistent link: https://www.econbiz.de/10010381041
theory. The basic dimensions of deprivation are given more weight than the non-basic dimensions of deprivation. We construct …
Persistent link: https://www.econbiz.de/10014243547