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Inequality, Coalitions and Collective Action

Bardhan, Pranab K.; Singh, Nirvikar - 2004

In a model where cooperation is beneficial, but subject to cheating, and is supported by trigger strategy punishments in a repeated game, we explore the relationship between the nature of cooperation (size and composition of coalitions) and underlying inequality in the distribution of private...

Persistent link: https://www.econbiz.de/10014071537

Organized Crime as the Link between Inequality and Corruption

Schwuchow, Soeren C. - 2019

Empirical evidence on the causes and effects of inequality suggests the existence of a vicious circle of mutually reinforcing inequality and corruption. Despite the broad empirical evidence, there are only a few formal theoretical models on these dynamics. Relying on a game-theoretic approach,...

Persistent link: https://www.econbiz.de/10012902058

Making It Public : The Effect of (Private and Public) Wage Proposals on Efficiency and Income Distribution

Ezquerra, Lara; Gómez-Miñambres, Joaquín; Jiménez, … - 2021

The implications of (public or private) pre-play communication and information revelation in a labour relationship is …

Persistent link: https://www.econbiz.de/10013218668

Chapter 5 The Economic Theory of Gift-Giving: Perfect Substitutability of Transfers and Redistribution of Wealth

Mercier Ythier, Jean - In: Handbook of the economics of giving, altruism and …, (pp. 227-369). 2006

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

Leadership in Dynamic Public Good Provision : Endogenous Growth and Inequality

Eichenseer, Michael - 2019

We explore how leadership affects a dynamic public goods game. Using an experimental setting where cooperation gains can be reinvested, our findings suggest that leadership has a positive impact on final wealth of the groups. Additionally, we also observe that leadership has a positive effect on...

Persistent link: https://www.econbiz.de/10012897774

Inequality aversion and externalities

Gürtler, Marc; Gürtler, Oliver - 2011 - Last revised: November 29, 2011

We conduct a general analysis of the effects of inequality aversion on decisions by homogeneous players in static and dynamic games. We distinguish between direct and indirect effects of inequality aversion. Direct effects are present when a player changes his action to affect disutility caused...

Persistent link: https://www.econbiz.de/10009487574

Efficiency based measures of inequality

Andonie, Costel; Kuzmics, Christoph; Rogers, Brian - 2014 - Second version, November 5, 2014

How should we make value judgments about wealth inequality? Harsanyi (1953) proposes to take an individual who evaluates her well-being by expected utility and ask her to evaluate the wealth possibilities ex-ante (i.e. before she finds her place in society, i.e., under the "veil of ignorance" of...

Persistent link: https://www.econbiz.de/10010366144

Is increasing inequality harmful? : experimental evidence

Fehr, Dietmar - 2015

Increasing inequality is commonly associated with social unrest and conflict between social classes. This paper reports the results of a laboratory experiment to study the implications of rising inequality on the tendency to burn others' income. The experiment considers an environment where...

Persistent link: https://www.econbiz.de/10011447229

Catching hipo's : screening, wages and unemployment

Janssen, Maarten C. W. - 2000

In this paper, I study the wage a firm sets to attract high abilityworkers (hipo's) in situationsof unemployment. I show that the higher unemployment, the larger afirm's incentives to sorthigh and low ability workers. Moreover, workers will signal their(high) ability in situationsof (high)...

Persistent link: https://www.econbiz.de/10011303310

Income inequality and saving in a class society : the role of ordinal status

Haagsma, Rein - 2018

This paper examines the impact of income growth and income inequality on household saving rates and payoffs in a non-cooperative game where each player’s payoff depends on her present and future consumption and her rank in the present consumption distribution. The setting is a pooling...

Persistent link: https://www.econbiz.de/10011877943