Arbeitspapier

Fairness und ihr Preis

Based on the premise that fairness is different from equity and that it is primarily used in informal contexts we present an economic approach to fairness. Discussing the results of behavioral economics reveals the experience that people do not accept a monetary offer even if that collides with the rationale that more money means higher utility. The economic aspects of fairness are discussed in two ways: first, Varian's idea of envy-free allocations in a general equilibrium context are exposed briefly, and second, we concentrate on the implications of fairness defined via producer and consumer rents. This in-depth exposition focuses on private as well as public goods and concludes with a comparative analysis of fairness in the private and public spheres.

Language
Deutsch

Bibliographic citation
Series: Diskussionspapier ; No. 101

Classification
Wirtschaft
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Public Goods
Subject
fairness
welfare
private goods
public goods
Gerechtigkeit
Verhaltensökonomik
Wohlfahrtstheorie
Allokation
Rententheorie
Öffentliches Gut
Grenzkosten
Theorie

Event
Geistige Schöpfung
(who)
Schneider, Andrea
Zimmermann, Klaus W.
Event
Veröffentlichung
(who)
Helmut-Schmidt-Universität - Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre
(where)
Hamburg
(when)
2010

Handle
URN
urn:nbn:de:gbv:705-opus-25939
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Schneider, Andrea
  • Zimmermann, Klaus W.
  • Helmut-Schmidt-Universität - Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre

Time of origin

  • 2010

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