Equality of when?

Equality of when?

When equality trumps reciprocity

Abstract: Inequity aversion and reciprocity have been identified as two primary motivations underlying human decision making. However, because income and wealth inequality exist to some degree in all societies, these two key motivations can point to different decisions. In particular, when a beneficiary is less wealthy than a benefactor, a reciprocal action can lead to greater inequality. In th...

Testing equality of covariance matrices when data are incomplete

In the statistics literature, a number of procedures have been proposed for testing equality of several groups’ covariance matrices when data are complete, but this problem has not been considered for incomplete data in a general setting. This paper proposes statistical tests for equality of covariance matrices when data are missing. AWald test (denoted by T1), a likelihood ratio test (LRT) (de...

Gift Exchange and Workers’ Fairness Concerns: When Equality Is Unfair

Gift Exchange and Workers’ Fairness Concerns: When Equality Is Unfair We study how different payment modes influence the effectiveness of gift exchange as a contract enforcement device. In particular, we analyze how horizontal fairness concerns affect performance and efficiency in an environment characterized by contractual incompleteness. In our experiment, one principal is matched with two ag...

The choice between allocation principles: amplifying when equality dominates.

One hundred and ninety participants (95 undergraduates and 95 employees) responded to a factorial survey in which a number of case-based organizational allocation tasks were described. Participants were asked to imagine themselves as employees in fictitious organizations and chose among three allocations of employee-development schemes invested by the manager in different work groups. The alloc...