Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/93945
Authors: 
Fehr, Ernst
Schmidt, Klaus M.
Year of Publication: 
2009
Series/Report no.: 
SFB/TR 15 Discussion Paper 256
Abstract: 
In this paper we reply to Binmore and Shaked's criticism of the Fehr-Schmidt model of inequity aversion. We put the theory and their arguments into perspective and show that their criticism is not substantiated. Finally, we briefly comment on the main challenges for future research on social preferences.
Subjects: 
Experiments
other-regarding preferences
inequity aversion
JEL: 
B41
C90
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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