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Public Choice
Article . 2024 . Peer-reviewed
License: CC BY
Data sources: Crossref
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SSRN Electronic Journal
Article . 2024 . Peer-reviewed
Data sources: Crossref
Public Choice
Article . 2024
License: CC BY
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Inequity Aversion and the Stability of Majority Rule

Authors: Minh Tung Le; Alejandro Saporiti;

Inequity Aversion and the Stability of Majority Rule

Abstract

AbstractDespite the empirical support for other-regarding behavior in humans, spatial voting theory has largely overlooked the role of social preferences. This work takes the perspective that individuals not only harbour selfish preferences regarding material possessions, but also experience emotions such as envy and guilt regarding the possessions of others. By exploring how these emotions, manifested as inequity aversion, shape collective decision-making, this research deviates from the predominant focus on self-interest. Instead, it delves into the influence of guilt and envy on distributive politics, proposing two sensible constraints on these emotions, called limited and chained other-regardingness. These domain conditions on social preferences are aligned with the empirical estimates of inequity aversion; and they aim to ensure the stability (non-emptiness), uniqueness, and fairness of the majority-rule core.

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United Kingdom
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    popularity
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    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green
hybrid
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