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Equity, Efficiency and Altruism in Cooperative Teams

UPSE DP 1988-05
1988

We show that in a cooperative team characterized by symmetric nondiscriminating altruism, imperfect altruism and strictly positive equity bias are inconsistent with first best efficiency when members are nonidentical.

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Contributor
UP-School of Economics
Authors
Fabella, Raul V.
Keywords
equity
Cite
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48

Since
Nov 12, 2013

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