Affect and Fairness in Economics
Bibliographic Data
| ID | 2065005 |
|---|---|
| Authors | Frans Van Winden (0000-0003-3713-2026, University of Amsterdam, corresponding author) |
| Year | 2007 |
| Volume | 20 |
| Issue | 1 |
| Pages | 35-52 |
| Publication date | 2007-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Social Justice Research (JOURNAL) |
| Journal identifiers | ISSN: 0885-7466 • E-ISSN: 1573-6725 |
| Publisher | Springer Science and Business Media LLC (PUBLISHER) |
| DOI | 10.1007/s11211-007-0029-9 |
| OpenAlex | W2009199327 |
| Language | EN |
| Citations received | 6 |
| References cited | 27 |
A strained relationship exists between mainstream economics and ethics. Over the last decade, behavioral economists have strongly argued for the importance of fairness in motivating behavior, based on substantial experimental evidence. Two main approaches to the modeling of fairness have been proposed: the outcome-based inequity aversion approach, and the intention-based reciprocity approach. Both approaches have been quite successful in explaining the experimental evidence. Nonetheless, this paper questions the role that is assigned to fairness in these models and the way fairness is incorporated, using recent experimental findings concerning emotions and fairness perceptions. The analysis supports the view that feelings are important for justice, also from a policy perspective, and pleads for closer attention being paid to the functioning of emotional brain systems
Affect (linguistics · Behavioral economics · Economic Justice · Economics · Experimental economics · Feeling · Inequality · Inequity aversion · Mainstream · Microeconomics · Normative · Perception · Perspective (graphical · Political science · Positive economics · Public economics · Reciprocity (cultural anthropology · Social policy · Computer Science · Culture, Economy, and Development Studies · Experimental Behavioral Economics Studies · Psychology · Psychology of Moral and Emotional Judgment · Social Psychology
The Cognitive Structure of Emotions
A theory of reciprocity
Unfairness, Anger, and Spite
A neuropsychological theory of positive affect and its influence on cognition.
The Neural Basis of Economic Decision-Making in the Ultimatum Game
Erc
Incorporating Fairness into Game Theory and Economics
Passions within Reason
Inequity In Social Exchange
The impact of real effort and emotions in the power-to-take game
Estimating social and nonsocial utility functions from ordinal data
When and why leaders put themselves first
To "do the right thing" or to "just do it
Emotional Hazard in a Power‐to‐Take Experiment
Why Social Preferences Matter – the Impact of non‐Selfish Motives on Competition, Cooperation and Incentives
Fear, anger, and risk
Social utility and decision making in interpersonal contexts
A Theory of Fairness, Competition, and Cooperation
Mood and judgment
Social Utility in Ultimatum Bargaining
| Unique citing works | 6 |
|---|---|
| Citations per year | 0,33 |
| Citation span | 2008 - 2025 (18) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 6 |