Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5060748 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠Envy affects economic decisions, and can lead to monotonicity violation. ⺠We introduce co-monotonicity-a generalization of monotonicity. ⺠Co-monotonicity holds even in the presence of envy. ⺠Experimental results are presented. ⺠Implications for possible forms of competitive preferences are discussed.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Moshe Levy,