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distributions than the average American, are highly sensitive to both merit-based inequality and efficiency costs of redistribution …Elites disproportionately influence policymaking, yet little is known about their fairness and efficiency preferences … experiment with a group of future elites - Ivy League MBA students. We find that elites implement more unequal earnings …
Persistent link: https://www.econbiz.de/10015332803
, future generations Gamma, or current generations in developing countries Delta; aversion to inequality for current … representative individuals in both developed (OECD) and developing (non-OECD) countries. Solutions are characterised by efficiency (i …
Persistent link: https://www.econbiz.de/10011674437
responsibility to nature and future generations; aversion to inequality for current and future generations). The model assesses the … the environment, and welfare of representative individuals in each country; they are characterised by efficiency and …
Persistent link: https://www.econbiz.de/10011674467
efficiency and equity of the final outcome. Furthermore, these tendencies are stronger when the two players have conflicting …
Persistent link: https://www.econbiz.de/10011617904
Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can … powerful buyer can trade with one of several sellers - an environment that can lead to pronounced inequality among the … inequality. …
Persistent link: https://www.econbiz.de/10011404392
Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can … powerful buyer can trade with one of several sellers- an environment that can lead to pronounced inequality among the … inequality. …
Persistent link: https://www.econbiz.de/10011405188
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different ideals of justice that define the Shapley value. The analysis has implications that can be tested using real …
Persistent link: https://www.econbiz.de/10011880413
We study equitable allocation of indivisible goods and money among agents with other-regarding preferences. First, we argue that Foley's (1967) equity test, i.e., the requirement that no agent prefer the allocation obtained by swapping her consumption with another agent, is suitable for our...
Persistent link: https://www.econbiz.de/10011672122