How not to extend models of inequality aversion
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F12%3A00376220" target="_blank" >RIV/67985998:_____/12:00376220 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1016/j.jebo.2011.08.007" target="_blank" >http://dx.doi.org/10.1016/j.jebo.2011.08.007</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.jebo.2011.08.007" target="_blank" >10.1016/j.jebo.2011.08.007</a>
Alternative languages
Result language
angličtina
Original language name
How not to extend models of inequality aversion
Original language description
Several authors have made attempts to improve the explanatory power of models of inequality aversion, in particular the one by Fehr and Schmidt (1999), by adding concerns for total surplus or efficiency. In this note, I point out that these attempts aremisguided because they are equivalent to a much simpler change, not requiring an additional parameter, unless we simultaneously consider games with different numbers of players. In the latter case, however, such an approach yields implausible predictions.
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
Z - Vyzkumny zamer (s odkazem do CEZ)
Others
Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of Economic Behavior & Organization
ISSN
0167-2681
e-ISSN
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Volume of the periodical
81
Issue of the periodical within the volume
2
Country of publishing house
NL - THE KINGDOM OF THE NETHERLANDS
Number of pages
7
Pages from-to
599-605
UT code for WoS article
000301315400020
EID of the result in the Scopus database
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