Inequality and fairness with heterogeneous endowments.

ABSTRACT: People differ in intelligence, cognitive ability, personality traits, motivation, and similar valued and, to a large degree, inherited characteristics that determine success and achievements. When does individual heterogeneity lead to a fair distribution of rewards and outcomes? Here, we develop this question theoretically and then test it experimentally for a set of structural conditions in a specific interaction situation. We first catalogue the functional relationship between individual endowments and outcomes to distinguish between fairness concepts such as meritocracy, equality of opportunity, equality of outcomes, and Rawl's theory of justice. We then use an online experiment to study which of these fairness patterns emerge when differently endowed individuals can share their resourc

SUBMITTER: Tsvetkova M 

PROVIDER: S-EPMC9621428 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature