#Fairness and Arbitration Mechanisms
https://www.nowpublishers.com/article/Details/RBE-0164
"Using a utility function proposed by Fehr and Schmidt (1999) that includes #InequalityAversion, the model predicts that two risk-neutral disputants might not have the economic incentives to reach an agreement."
earlier version: https://core.ac.uk/download/pdf/77939779.pdf
#ExperimentalEcon

When #merit breeds #luck (or not)
https://www.unive.it/pag/fileadmin/user_upload/dipartimenti/economia/doc/Pubblicazioni_scientifiche/working_papers/2023/WP_DSE_bernasconi_longo_maggian_02_23.pdf
"Leaving subjects under the #VeilOfIgnorance about their relative income position reduces selfish behavior. #InequalityAversion & #fairness mostly affect redistributive choices of impartial spectators when recipients of #redistribution are not informed about their initial endowments, suggesting that the luck vs. merit effect is not the only driver of redistribution on behalf of others."
#ExperimentalEcon