Stefania Ottone
Membro Associato a POLISVia Cavour 84, 15121 Alessandria
email: stefania.ottone@unimib.it
Tel. 0131 283856
Fax: 0131 283704
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- Journal articles - Book chapters - Working papers - Working papers POLIS - Books (Translations) - Book chapters and conference proceedings - OTTONE Stefania and Ferruccio PONZANO (2007), "Non-self-centered inequity aversion matters. A model", Working paper POLIS - Economic Series n. 102 .
Abstract
The model by Fehr and Schmidt introduces envy and altruism in the utility function of a representative agent. The aim of this paper is to provide two extensions – non linearity and non self-centredness – to this model. This extension turns out to be more consistent with experimental evidence than the original model.
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