IDEAS home Printed from https://ideas.repec.org/a/prf/journl/v4y2010i1p140-162.html
   My bibliography  Save this article

What are the Causes of Disturbances of Morality in Redistribution Systems

Author

Listed:
  • Radim valencik

    (University of Finance and Administration)

  • Petr Budinsky

    (University of Finance and Administration)

Abstract

A redistribution system has two main attributes: 1. The greater the deviation of the payout of players from their performance, the greater the decline in the performance of the system. 2. The cause of this deviation is the formation of coalitions that treat their members preferentially and discriminate other players. If the players in these systems focus on the formation of discriminating coalitions, the system converges towards oscillating between discriminatory balances. But there is a strategy that leads to the attainment of a mutually acceptable balance, in which each of the players improves his / her position in comparison to the average payout that he/she would get when using a strategy based on the formation of discriminating coalitions. In systems of the given type this can be considered as the objective foundation of rationally justified morality. The stated finding is important and opens the way to revealing what in reality most prevents the attainment of a balance that is acceptable for everyone. It turns out that this factor is parallel redistribution games. The revelation of their role as well as their classification and description of some of them is of significant importance to managerial practice.

Suggested Citation

  • Radim valencik & Petr Budinsky, 2010. "What are the Causes of Disturbances of Morality in Redistribution Systems," ACTA VSFS, University of Finance and Administration, vol. 4(2), pages 140-162.
  • Handle: RePEc:prf:journl:v:4:y:2010:i:1:p:140-162
    as

    Download full text from publisher

    File URL: https://www.vsfs.cz/periodika/acta-2010-2-03.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prf:journl:v:4:y:2010:i:1:p:140-162. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Magdalena Šebková (email available below). General contact details of provider: https://edirc.repec.org/data/vsfspcz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.