Fairness, efficiency, risk, and time

Seidel, Gerald

Fairness, efficiency, risk, and time

dc.contributor.author	Seidel, Gerald	de
dc.date.accessioned	2024-04-08T08:39:47Z
dc.date.available	2024-04-08T08:39:47Z
dc.date.created	2008-01-21
dc.date.issued	2007
dc.description.abstract	We present a model of a 2-person-2-period-economy with specific (human) capital. Although the individuals are purely selfish, the outcome is seemingly guided by pro-social behavior. We find in our model economy that fairness and efficiency are positively related whereas risk aversion seems to have no major impact on the seemingly fair behavior. A rise in the time preference increases the disadvantaged subject?s aspiration for equal outcomes but reduces the advantaged subject?s willingness to accept them.	en
dc.identifier.swb	277824877
dc.identifier.uri	https://hohpublica.uni-hohenheim.de/handle/123456789/5127
dc.identifier.urn	urn:nbn:de:bsz:100-opus-2290
dc.language.iso	eng
dc.relation.ispartofseries	Hohenheimer Diskussionsbeiträge; 281
dc.rights.license	publ-ohne-pod	en
dc.rights.license	publ-ohne-pod	de
dc.rights.uri	http://opus.uni-hohenheim.de/doku/lic_ubh.php
dc.subject	Pro-social behavior	en
dc.subject	Utility maximization	en
dc.subject	Time preference	en
dc.subject	Risk attitudes	en
dc.subject.ddc	330
dc.subject.gnd	Prosoziales Verhalten	de
dc.subject.gnd	Nutzenmaximierung	de
dc.subject.gnd	Risikoverhalten	de
dc.subject.gnd	Zeitpräferenz	de
dc.title	Fairness, efficiency, risk, and time	de
dc.type.dcmi	Text	de
dc.type.dini	WorkingPaper	de
local.access	uneingeschränkter Zugriff	en
local.access	uneingeschränkter Zugriff	de
local.bibliographicCitation.publisherPlace	Universität Hohenheim	de
local.faculty.number	3	de
local.institute.number	520alt	de
local.opus.number	229
local.series.issueNumber	281
local.series.title	Hohenheimer Diskussionsbeiträge
local.university	Universität Hohenheim	de
local.university.faculty	Fakultät Wirtschafts- und Sozialwissenschaften	de
local.university.institute	Institut für Volkswirtschaftslehre (bis 2010)	de

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