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Group fairness equilibria

Alejandro Tatsuo Moreno-Okuno () and Alejandro Mosino
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Alejandro Tatsuo Moreno-Okuno: Universidad de Guanajuato
Alejandro Mosino: Universidad de Guanajuato

EconoQuantum, Revista de Economia y Negocios, 2020, vol. 17, issue 1, 29-46

Abstract: In this paper we extend Rabin`s (1993) model of fairness equilibria to groups of individuals and define a new solution concept we name group-fairness equilibria. We model two games with two players, where each player in each game belongs to one of two groups. We analyze how the outcome of one game may affect the outcome of the other and how the existence of one individual with a particular grudge or liking towards the player she is playing with can impact the outcome of both games. We analyze some applications of our model.

Keywords: Fairness; groups; psychological games; game theory. (search for similar items in EconPapers)
JEL-codes: A12 D63 C70 (search for similar items in EconPapers)
Date: 2020
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