|Fehr, Ernst; Schmidt, Klaus M. (2010): On inequity aversion: A reply to Binmore and Shaked. In: Journal of Economic Behavior and Organization, Vol. 73, No. 1: pp. 101-108|
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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.
Economics > Chairs > Seminar for Economic Theory
|Subjects:||300 Social sciences > 330 Economics|
|Deposited On:||15. Apr 2014 09:01|
|Last Modified:||29. Apr 2016 09:18|
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On Inequity Aversion - A Reply to Binmore and Shaked. (deposited 10. Jul 2012 13:08)
- On inequity aversion: A reply to Binmore and Shaked. (deposited 15. Apr 2014 09:01) [Currently Displayed]