Construct · 1 fields · 1 citations

inequity aversion: a standalone construct

One name. One construct. A landmark on the map.

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inequityaversion1 CONSTRUCTInequity aversionFEHR · BEHAVIORAL ECONOMICS

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Behavioral economics

people dislike outcomes that are unequal, whether to their disadvantage or to their advantage.

In behavioral economics, inequity aversion refers to people dislike outcomes that are unequal, whether to their disadvantage or to their advantage. This meaning comes from Fehr (1999) in The Quarterly Journal of Economics.[1]

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ultimatum game1 fields · 3 citationsanchor · a standalone constructhealth achievement index1 fields · 1 citationsanchor · a standalone construct

References

  1. Fehr, E., & Schmidt, K. M. (1999). A Theory of Fairness, Competition, and Cooperation. The Quarterly Journal of Economics, 114(3), 817-868. https://doi.org/10.1162/003355399556151

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