Logo Logo
Switch Language to German

Fehr, Ernst and Schmidt, Klaus M. ORCID logoORCID: https://orcid.org/0000-0002-5011-0828 (2010): On inequity aversion: A reply to Binmore and Shaked. In: Journal of Economic Behavior and Organization, Vol. 73, No. 1: pp. 101-108

This is the latest version of this item.

Full text not available from 'Open Access LMU'.


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.

Available Versions of this Item

Actions (login required)

View Item View Item