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Non-self-centered inequity aversion matters. A model

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Author Info
Ottone, Stefania ()
Ponzano, Ferruccio ()

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Abstract

The model by Fehr and Schmidt introduces envy and altruism in the utility function of a representative agent. The aim of this paper is to provide two extensions – non linearity and non self-centredness – to this model. This extension turns out to be more consistent with experimental evidence than the original model.

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Paper provided by Department of Public Policy and Public Choice - POLIS in its series P.O.L.I.S. department's Working Papers with number 91.

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Length: 13 pages
Date of creation: Dec 2007
Date of revision:
Handle: RePEc:uca:ucapdv:91

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Stefania Ottone & Ferrucio Ponzano & Roberto Ricciuti, 2009. "Simulating Voting Rule Reforms for the Italian Parliament: An Economic Perspective," AUCO Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 3(3), pages 292-304, October. [Downloadable!]
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  2. Ortona, Guido & Ottone, Stefania & Ponzano, Ferruccio & Scacciati, Francesco, 2006. "Labour supply in presence of taxation financing public services. An experimental approach," P.O.L.I.S. department's Working Papers 71, Department of Public Policy and Public Choice - POLIS. [Downloadable!]
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  3. Fiorino, Nadia & Ricciuti, Roberto, 2006. "Legislature size and government spending in Italian regions: forecasting the effects of a reform," P.O.L.I.S. department's Working Papers 69, Department of Public Policy and Public Choice - POLIS. [Downloadable!]
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  4. Nadia Fiorino & Roberto Ricciuti, 2007. "Determinants of Direct Democracy," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
  5. Ottone, Stefania, 2007. "Are people samaritans or avengers?," P.O.L.I.S. department's Working Papers 77, Department of Public Policy and Public Choice - POLIS. [Downloadable!]
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  6. Roberto Ricchiuti, 2006. "Un'Analisi Economica della Partecipazione ai Referendum Abrogativi," ICER Working Papers 24-2006, ICER - International Centre for Economic Research. [Downloadable!]
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  7. Ottone, Stefania & Ponzano, Ferruccio, 2007. "Non-self-centered inequity aversion matters. A model," P.O.L.I.S. department's Working Papers 91, Department of Public Policy and Public Choice - POLIS. [Downloadable!]
  8. Bissey, Marie-Edith & Ortona, Guido, 2007. "The program for the simulation of electoral systems ALEX4.1: what it does and how to use it," P.O.L.I.S. department's Working Papers 82, Department of Public Policy and Public Choice - POLIS. [Downloadable!]
  9. Ricciuti, Roberto, 2007. "The quest for a fiscal rule: Italy, 1861-1998," P.O.L.I.S. department's Working Papers 86, Department of Public Policy and Public Choice - POLIS. [Downloadable!]
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Marchese, Carla, 2008. "The limits to growth then and now," P.O.L.I.S. department's Working Papers 105, Department of Public Policy and Public Choice - POLIS. [Downloadable!]
  2. Ticchi, Davide & Vindigni, Andrea, 2007. "War and endogenous democracy," P.O.L.I.S. department's Working Papers 97, Department of Public Policy and Public Choice - POLIS. [Downloadable!]
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  3. Ottone, Stefania & Ponzano, Ferruccio, 2008. "How People perceive the Welfare State. A real effort experiment," P.O.L.I.S. department's Working Papers 101, Department of Public Policy and Public Choice - POLIS. [Downloadable!]
  4. Ottone, Stefania & Ponzano, Ferruccio, 2007. "Non-self-centered inequity aversion matters. A model," P.O.L.I.S. department's Working Papers 91, Department of Public Policy and Public Choice - POLIS. [Downloadable!]
  5. Privileggi, Fabio, 2007. "The cutoff policy of taxation when CRRA taxpayers differ in risk aversion coefficients and income: a proof," P.O.L.I.S. department's Working Papers 99, Department of Public Policy and Public Choice - POLIS. [Downloadable!]
  6. Montefiori, Marcello & Resta, Marina, 2008. "Social influence and neighbourhood effects in the health care market," P.O.L.I.S. department's Working Papers 98, Department of Public Policy and Public Choice - POLIS. [Downloadable!]
  7. Cavaleri, Pietro & Keren, Michael & Ramello, Giovanni B. & Valli, Vittorio, 2009. "Publishing an E-journal on a shoe string: Is it a sustainaible project?," P.O.L.I.S. department's Working Papers 118, Department of Public Policy and Public Choice - POLIS. [Downloadable!]
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  8. Acemoglu, Daron & Ticchi, Davide & Vindigni, Andrea, 2008. "A theory of military dictatorships," P.O.L.I.S. department's Working Papers 100, Department of Public Policy and Public Choice - POLIS. [Downloadable!]
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