[태그:] Equity

Recent theoretical progress on inequity has left unresolved the crucial question of what constitutes equity. This paper proposes a positive theory of distributive justice, in a framework of inequity aversion, that depends on three general justice principles and context. The current study challenges the view of many previous inquiries that justice is context-specific and instead advances a theory in which justice is context-dependent: context matters, ...

This paper shows that reciprocity has powerful implications for many economic domains. It is an important determinant in the enforcement of contracts and social norms and enhances the possibilities of collective action greatly. Reciprocity may render the provision of explicit incentive inefficient because the incentives may crowd out voluntary co-operation. It strongly limits the effects of competition in markets with incomplete contracts and gives rise ...

We demonstrate that a simple model, constructed on the premise that people are motivated by both their pecuniary payoff and their relative payoff standing, organizes a large and seemingly disparate set of laboratory observations as one consistent pattern. The model is incomplete information but nevertheless posed entirely in terms of directly observable variables. The model explains observations from games where equity is thought to be ...

  Preferences for redistribution may be influenced by values and beliefs about distributive justice as well as by self-interest. People may prefer more redistribution to the poor if they believe that poverty is caused by circumstances beyond individual control. Therefore, beliefs about the causes of income may affect demand for redistribution. Alternatively, the effect of these beliefs on redistributive preferences may be spurious if they are ...