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We review the theory of fairness as it pertains to concretely specified problems of resource allocations. We present …-envy, egalitarian-equivalence, individual and collective lower or upper bounds on welfare, notions of equal or equivalent opportunities … should respond to changes in resources (resource monotonicity), technologies (technology monotonicity), preferences (welfare …
Persistent link: https://www.econbiz.de/10014025187
This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the relationships among the main functions of taxation—notably, raising revenue, redistributing income, and correcting externalities—and the mapping between these functions and various...
Persistent link: https://www.econbiz.de/10014023506
theories, such as inequality-averse social welfare functions or fairness criteria. It is shown how both approaches can be … of the Welfare State. However, while these theories may be suited for explaining the development of public insurance or … incorporation of individuals' altruistic feelings in social welfare functions. …
Persistent link: https://www.econbiz.de/10014023654
rationales: (1) balance (comparison, matching), often related to equality and fairness, or to the desire to avoid moral … associate efficiency, fairness, and the intrinsic quality of social relations. …
Persistent link: https://www.econbiz.de/10014023677
Concerns about fairness among countries remain significant obstacles to a stronger global climate treaty. This paper …
Persistent link: https://www.econbiz.de/10014423504
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
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...
Persistent link: https://www.econbiz.de/10014023678
fairness and trust are also key drivers of their work effort. Treating employees with respect is not only ethically warranted …
Persistent link: https://www.econbiz.de/10011404832
We present a dictator game experiment where the recipients are local charities that serve the poor. Donors consist of approximately 1000 participants from a nationally representative sample. We manipulate the perceived worthiness and race of the charities' recipients with an audiovisual...
Persistent link: https://www.econbiz.de/10010574333
' perceptions of fairness and trust are also key drivers of their work effort. Treating employees with respect is not only ethically …
Persistent link: https://www.econbiz.de/10011156479