Arbeitspapier

On Inequity Aversion - A Reply to Binmore and Shaked

In this paper we reply to Binmore and Shaked's criticism of the Fehr-Schmidt model of inequity aversion. We put the theory and their arguments into perspective and show that their criticism is not substantiated. Finally, we briefly comment on the main challenges for future research on social preferences.

Language
Englisch

Bibliographic citation
Series: SFB/TR 15 Discussion Paper ; No. 256

Classification
Wirtschaft
Economic Methodology
Design of Experiments: General
Subject
Experiments
other-regarding preferences
inequity aversion
Gerechtigkeit
Präferenztheorie
Spieltheorie
Test

Event
Geistige Schöpfung
(who)
Fehr, Ernst
Schmidt, Klaus M.
Event
Veröffentlichung
(who)
Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
(where)
München
(when)
2009

DOI
doi:10.5282/ubm/epub.13296
Handle
URN
urn:nbn:de:bvb:19-epub-13296-8
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Fehr, Ernst
  • Schmidt, Klaus M.
  • Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)

Time of origin

  • 2009

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