Inequity Aversion May Increase Inequity
Bibliographic Data
| ID | 9704150 |
|---|---|
| Authors | Maria Montero (0000-0002-6999-7342, University of Nottingham, corresponding author) |
| Year | 2007 |
| Volume | 117 |
| Issue | 519 |
| Pages | C192-C204 |
| Publication date | 2007-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/j.1468-0297.2007.02041.x |
| OpenAlex | W1997941404 |
| Language | EN |
| Citations received | 10 |
| References cited | 18 |
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. Copyright 2007 The Author(s). Journal compilation Royal Economic Society 2007
Comparative statics · Economics · Expected utility hypothesis · Inequality · Inequity aversion · Mathematical economics · Microeconomics · Political science · Risk aversion (psychology · Stochastic game · Unanimity · Experimental Behavioral Economics Studies · Gender, Labor, and Family Dynamics · Law · Law, Economics, and Judicial Systems
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| Unique citing works | 10 |
|---|---|
| Citations per year | 0,56 |
| Citation span | 2008 - 2026 (19) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 10 |