Inequity Aversion May Increase Inequity  

Oleh:

Montero, Maria

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 117 no. 519 (Mar. 2007), page C192-C204.
Topik: equity; inequity; aversion
Fulltext: C192.pdf (497.5KB)

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE28.25 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Inequity aversion models have been used to explain equitable payoff divisions in bargaining games. I show that inequity aversion can actually increase the asymmetry of payoff division if unanimity is not required. This is because responders may be willing to accept a lower share rather than risk being left out. Inequity aversion may also affect comparative statics : the advantage of being the proposer can decrease as players become more impatient.

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