Inequality aversion
Inequality aversion in long term contracts
... In recent years, other-regarding concerns such as fairness and reciprocity have been introduced into strategic environments by many researchers. 1 In particular, Fehr and Schmidt (1999) and Bolton and Ockenfels (2000) ...
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Charitable giving under inequality aversion and social capital
... Thus, it can be argued that the results in Table 2 show that community participation does not directly influence the private charitable contributions of high-income groups, but indirectly increases the level of ...
10
Stated and revealed inequality aversion in three subject pools
... stated aversion to inequality are qualitatively similar to those of Loewenstein, et ...advantageous inequality aversion is often stronger than revealed dis-advantageous inequality ...
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E-learning and health inequality aversion: a questionnaire experiment
... comparative inequality aversion can help to predict individual behavior, such as costly punish- ment and rewarding of others to avoid unequal outcomes (Fehr & Fischbacher, ...normative inequality ...
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E-learning and health inequality aversion : A questionnaire experiment
... comparative inequality aversion can help to predict individual behavior, such as costly punish- ment and rewarding of others to avoid unequal outcomes (Fehr & Fischbacher, ...normative inequality ...
19
The impossibility of social evaluations of infinite streams with strict inequality aversion
... As Sakai (2006) has put it, there are two ethical considerations that capture the concept of intergenerational equity: Inequality aversion and equality in evaluating allocations. The latter is in the ...
10
The Effect of Inequality Aversion on a Climate Coalition Formation: Theory and Experimental Evidence
... of inequality-averse preferences will violate the internal and the external ...on inequality-aversion do matter for coalition ...highly inequality-averse subjects, are less likely to violate ...
42
How robust are value judgements of health inequality aversion? Testing for framing and cognitive effects
... (Blumenthal-Barby and Krieger, 2014). For instance, a number of studies have evaluated how preferences are influenced by the presentation of outcomes, such as relative versus absolute levels/risk (Kragt and Bennett, ...
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How Robust Are Value Judgments of Health Inequality Aversion? : Testing for Framing and Cognitive Effects
... express inequality aversion for larger individual ...health inequality is a less familiar concept than total health, perceived at a less fine-grained level of ...health inequality as worthless ...
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Measuring International Inequality Aversion WP254 September 2008
... and inequality are evaluated with a single parameter – even though they are conceptually and numerically different (Carlsson et ...that inequality aversion and risk aversion can assume ...
16
Capturing preferences for inequality aversion in decision support
... and inequality comparisons is well-established in the ...of inequality measurement draw on the analogy between inequality- and risk- aversion (Atkinson ...
39
Output and wages with inequality averse agents
... There is by now a plethora of papers in economics arguing that rejection of unequal pay is not restricted to capuchin monkeys, but is probably just as typical of human beings. 1 According to these studies, individuals ...
15
The Welfare Impact of Price Changes on Household Welfare and Inequality 1999-2011
... the inequality component and the level of inequality aversion in society could have a role in determining which component is greater in a particular time ...
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On the Validity of Probabilistic (and Cost Saving) Incentives in Dictator Games: A Systematic Test
... Role uncertainty. In the treatment Rol50, the dictators transfer significantly higher amounts to the receivers as compared to the reference treatment. The same tendency can be observed in the treatment DeRo25, which ...
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Inequality and risk aversion in health and income: an empirical analysis using hypothetical scenarios with losses
... while inequality aversion places Y above ...is inequality averse in individual health, while individual health is captured in terms of certainty equivalents reflecting individual risk attitudes, so ...
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When Equality Trumps Reciprocity: Evidence from a Laboratory Experiment
... Charness and Haruvy (2002) conducted a gift-exchange experiment. They compared the employee’s decisions when the wage is given by the employer with the employee’s decision when the wage is randomly decided. They found ...
39
The role of fairness motives and spatial considerations in explaining departures from Nash equilibrium: stationary and evolutionary lessons from 2x2 games
... The next step in evaluating the performance of the inequality aversion-adjusted impulse balance equilibrium concept is studying its ex ante predictive power. This is done by partitioning the data into ...
41
Myopic loss aversion revisited
... loss aversion of prospect theory has already been called into question by Plott and Zeiler (2005, ...loss aversion are actually caused by subject misconceptions about the experimental ...
10
Performance measurement with loss aversion
... decision makers are asked to choose among prospects that involve only losses or gains, but not both. In other words, it is displayed if the frame of reference is one in which the investor cannot avoid making a loss. ...
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Essays on migration and risk aversion
... Assuming that risk preferences are normally distributed®, I explore how the rate of migration changes as migrant networks in the receiving country increase the probability of finding wor[r] ...
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