Inequity aversion

Inequity aversion (IA) is the preference for fairness and resistance to incidental inequalities.[1] The social sciences that study inequity aversion include sociology, economics, psychology, anthropology, and ethology. Researches on inequity aversion aim to explain behaviors that are not purely driven by self-interests but fairness considerations.

In some literature, the terminology inequality aversion was used in the places of inequity aversion.[2][3] The discourses in social studies argue that "inequality" pertains to the gap between the distribution of resources, while "inequity" pertains to the fundamental and institutional unfairness.[4] Therefore, the choice between using inequity or inequality aversion may depend on the specific context.

  1. ^ Fehr, E.; Schmidt, K.M. (1999). "A theory of fairness, competition, and cooperation" (PDF). The Quarterly Journal of Economics. 114 (3): 817–68. doi:10.1162/003355399556151. hdl:10535/6398.
  2. ^ Bolton, Gary E; Ockenfels, Axel (2000). "ERC: A Theory of Equity, Reciprocity, and Competition". The American Economic Review. 90 (1): 166–193. doi:10.1257/aer.90.1.166. ISSN 0002-8282. JSTOR 117286.
  3. ^ D., Engelmann; M., Strobel (2002). "Inequality aversion, efficiency, and maximin preferences in simple distribution experiments". doi:10.26481/umamer.2002013. {{cite journal}}: Cite journal requires |journal= (help)
  4. ^ "Health inequities and their causes". www.who.int. Retrieved 2023-04-20.

© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search