The Last will be First, and the First Last: Segregation in Societies with Relative Payoff Concerns
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- P Jean-Jacques Herings & Riccardo D Saulle & Christian Seel, 2021. "The Last Will be First, and the First Last: Segregation in Societies with Relative Pay-off Concerns," The Economic Journal, Royal Economic Society, vol. 131(637), pages 2119-2143.
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KeywordsGroup Formation; Segregation; Relative Payoff; Egalitarianism; Meritocracy; Social Environment;
All these keywords.
- C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- D62 - Microeconomics - - Welfare Economics - - - Externalities
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