Are Asymmetrically Informed Agents Envious?

Marialaura Pesce

CSEF Working Papers from Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy

Abstract: In most economies, a fair allocation does not exist. Thus, it seems that we are condemned to live in an unfair world, since we are not happy with what we have and we look at the others with envious eyes. In this paper we want to give an hope for a more equitable society.

Keywords: Asymmetric information; fair allocation; constrained market equilibrium; Maximin and Bayesian expected utility function. (search for similar items in EconPapers)
JEL-codes: D63 D82 (search for similar items in EconPapers)
Date: 2011-10-10
New Economics Papers: this item is included in nep-cis, nep-cta, nep-gth and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published in Metroeconomica, 2017, 68, p. 2-21

Downloads: (external link)
http://www.csef.it/WP/wp292.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sef:csefwp:292

Access Statistics for this paper

More papers in CSEF Working Papers from Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy Contact information at EDIRC.
Bibliographic data for series maintained by Dr. Maria Carannante ().