Essays on Economic Psychology pp 153-176 | Cite as
Distributive Justice
Summary
We speak of a distribution conflict if at least two individuals have to share a burden or reward or both. Based on equity theory we try to outline a behavioral theory which predicts the allocation results for such situations. Whereas our conditions specify when equity considerations will be applied, the hypotheses predict the way in which individual contributions and rewards are measured in case of competing standards. As empirical evidence we provide experimental observations as well as supporting real life situations. It is also discussed how justice considerations can be incorporated into a general theory of human decision making.
Key words
Equity theory distribution conflicts experimental economics ultimatum bargaining reward allocation distributive justice fairness.Preview
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