scholarly journals Social discounting, inequality aversion, and the environment

Author(s):  
Frank Venmans ◽  
Ben Groom
2020 ◽  
Vol 20 (2) ◽  
Author(s):  
Hide-Fumi Yokoo

AbstractI develop a model of inequality aversion and public goods that allows the marginal rate of substitution to be variable. As a theoretical foundation, utility function of the standard public goods model is nested in the Fehr-Schmidt model. An individual’s contribution function for a public good is derived by solving the problem of kinky preference and examining both interior and corner solutions. Results show that the derived contribution function is not monotonic with respect to the other individual’s provision. Thus, the model can be used to explain empirical evidence for the effect of social comparison on public-good provision.


2019 ◽  
Vol 69 (3) ◽  
pp. 415-424 ◽  
Author(s):  
Wojciech Białaszek ◽  
Paweł Ostaszewski ◽  
Leonard Green ◽  
Joel Myerson
Keyword(s):  

PLoS ONE ◽  
2016 ◽  
Vol 11 (10) ◽  
pp. e0165289 ◽  
Author(s):  
Tina Strombach ◽  
Zsofia Margittai ◽  
Barbara Gorczyca ◽  
Tobias Kalenscher

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