Showing 1 - 10 of 8,908
Reciprocity is one of the main basic social relations that constitute societies. It consists of being favourable to … rationales: (1) balance (comparison, matching), often related to equality and fairness, or to the desire to avoid moral … fact proper reciprocity). Reciprocity extends to important cases of aids inducing aids that are not strictly reciprocal. It …
Persistent link: https://www.econbiz.de/10014023677
systematically refutes the self-interest hypothesis and suggests that many people are strongly motivated by concerns for fairness and … reciprocity. Moreover, several theoretical papers have been written showing that the observed phenomena can be explained in a … 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/10011397676
an extreme form of altruism. Actual motivations for support of social transfers certainly lay somewhere in between, i ….e., a mix of well-understood selfishness and partial altruism. This explains why these systems can redistribute more than … theories, such as inequality-averse social welfare functions or fairness criteria. It is shown how both approaches can be …
Persistent link: https://www.econbiz.de/10014023654
Persistent link: https://www.econbiz.de/10014282343
Persistent link: https://www.econbiz.de/10013426680
Persistent link: https://www.econbiz.de/10014414055
In this paper, we study intertemporal social welfare evaluations when agents have heterogeneous preferences that are interpersonally noncomparable. We first show that even if all agents share the same preferences, there is a conflict between the axioms of Pareto principle, time consistency, and...
Persistent link: https://www.econbiz.de/10014325247
Persistent link: https://www.econbiz.de/10014311404
Persistent link: https://www.econbiz.de/10013259777
Trust is a key dimension in the principal-agent relationship and it has been studied extensively. However, the dynamics … motivation of trust and it proposes a theoretical model of trust evolution that is based on the notion of ‘trust response’ and … ‘trust spiral’. We then specifically focus on trust within the lending relationship between banks and small businesses, and …
Persistent link: https://www.econbiz.de/10011921936