Justice, in its broadest sense, is the concept that individuals are to be treated in a manner that is equitable and fair.
Franciscus Bernardus Maria de Waal was a Dutch-American primatologist and ethologist. He was the Charles Howard Candler Professor of Primate Behavior in the Department of Psychology at Emory University in Atlanta, Georgia, director of the Living Links Center at the Yerkes National Primate Research Center at Emory, and author of numerous books including Chimpanzee Politics (1982) and Our Inner Ape (2005). His research centered on primate social behavior, including conflict resolution, cooperation, inequity aversion, and food-sharing. He was a member of the United States National Academy of Sciences and the Royal Netherlands Academy of Arts and Sciences.
Neuroeconomics is an interdisciplinary field that seeks to explain human decision-making, the ability to process multiple alternatives and to follow through on a plan of action. It studies how economic behavior can shape our understanding of the brain, and how neuroscientific discoveries can guide models of economics.
Loss aversion is a psychological and economic concept, which refers to how outcomes are interpreted as gains and losses where losses are subject to more sensitivity in people's responses compared to equivalent gains acquired. Kahneman and Tversky (1992) suggested that losses can be twice as powerful psychologically as gains.
Equity theory focuses on determining whether the distribution of resources is fair. Equity is measured by comparing the ratio of contributions and benefits for each person. Considered one of the justice theories, equity theory was first developed in the 1960s by J. Stacey Adams, a workplace and behavioral psychologist, who asserted that employees seek to maintain equity between the inputs that they bring to a job and the outcomes that they receive from it against the perceived inputs and outcomes of others. According to Equity Theory, in order to maximize individuals' rewards, we tend to create systems where resources can be fairly divided amongst members of a group. Inequalities in relationships will cause those within it to be unhappy to a degree proportional to the amount of inequality. The belief is that people value fair treatment which causes them to be motivated to keep the fairness maintained within the relationships of their co-workers and the organization. The structure of equity in the workplace is based on the ratio of inputs to outcomes. Inputs are the contributions made by the employee for the organization.
The ultimatum game is a game that has become a popular instrument of economic experiments. An early description is by Nobel laureate John Harsanyi in 1961. One player, the proposer, is endowed with a sum of money. The proposer is tasked with splitting it with another player, the responder. Once the proposer communicates their decision, the responder may accept it or reject it. If the responder accepts, the money is split per the proposal; if the responder rejects, both players receive nothing. Both players know in advance the consequences of the responder accepting or rejecting the offer.
The capuchin monkeys are New World monkeys of the subfamily Cebinae. They are readily identified as the "organ grinder" monkey, and have been used in many movies and television shows. The range of capuchin monkeys includes some tropical forests in Central America and South America as far south as northern Argentina. In Central America, where they are called white-faced monkeys ("carablanca"), they usually occupy the wet lowland forests on the Caribbean coast of Costa Rica and Panama and deciduous dry forest on the Pacific coast.
Personnel economics has been defined as "the application of economic and mathematical approaches and econometric and statistical methods to traditional questions in human resources management". It is an area of applied micro labor economics, but there are a few key distinctions. One distinction, not always clearcut, is that studies in personnel economics deal with the personnel management within firms, and thus internal labor markets, while those in labor economics deal with labor markets as such, whether external or internal. In addition, personnel economics deals with issues related to both managerial-supervisory and non-supervisory workers.
Inequity aversion (IA) is the preference for fairness and resistance to incidental inequalities. The social sciences that study inequity aversion include sociology, economics, psychology, anthropology, and ethology. Researches on inequity aversion aim to explain behaviors that are not purely driven by self-interests but fairness considerations.
The public goods game is a standard of experimental economics. In the basic game, subjects secretly choose how many of their private tokens to put into a public pot. The tokens in this pot are multiplied by a factor and this "public good" payoff is evenly divided among players. Each subject also keeps the tokens they do not contribute.
Ernst Fehr is an Austrian-Swiss behavioral economist and neuroeconomist and a Professor of Microeconomics and Experimental Economic Research, as well as the vice chairman of the Department of Economics at the University of Zürich, Switzerland. His research covers the areas of the evolution of human cooperation and sociality, in particular fairness, reciprocity and bounded rationality.
Samuel Stebbins Bowles, is an American economist and Professor Emeritus at the University of Massachusetts Amherst, where he continues to teach courses on microeconomics and the theory of institutions. His work belongs to the neo-Marxian tradition of economic thought. However, his perspective on economics is eclectic and draws on various schools of thought, including what he and others refer to as post-Walrasian economics.
The concept of the evolution of morality refers to the emergence of human moral behavior over the course of human evolution. Morality can be defined as a system of ideas about right and wrong conduct. In everyday life, morality is typically associated with human behavior rather than animal behavior. The emerging fields of evolutionary biology, and in particular evolutionary psychology, have argued that, despite the complexity of human social behaviors, the precursors of human morality can be traced to the behaviors of many other social animals. Sociobiological explanations of human behavior remain controversial. Social scientists have traditionally viewed morality as a construct, and thus as culturally relative, although others such as Sam Harris argue that there is an objective science of morality.
Primate cognition is the study of the intellectual and behavioral skills of non-human primates, particularly in the fields of psychology, behavioral biology, primatology, and anthropology.
The Idea of Justice is a 2009 book by the economist Amartya Sen. The work is a critique and revision of the philosopher John Rawls's A Theory of Justice (1971).
Social preferences describe the human tendency to not only care about one's own material payoff, but also the reference group's payoff or/and the intention that leads to the payoff. Social preferences are studied extensively in behavioral and experimental economics and social psychology. Types of social preferences include altruism, fairness, reciprocity, and inequity aversion. The field of economics originally assumed that humans were rational economic actors, and as it became apparent that this was not the case, the field began to change. The research of social preferences in economics started with lab experiments in 1980, where experimental economists found subjects' behavior deviated systematically from self-interest behavior in economic games such as ultimatum game and dictator game. These experimental findings then inspired various new economic models to characterize agent's altruism, fairness and reciprocity concern between 1990 and 2010. More recently, there are growing amounts of field experiments that study the shaping of social preference and its applications throughout society.
Sarah Brosnan is a researcher studying the development of cognitive processes that underlie cooperation and reciprocity. The focus of her work has been on how animals perceive "exchanged goods and services," as demonstrated by reciprocal interactions,. She has looked at both human and nonhuman primates as a way of understanding the evolution of cooperative and economic behaviors, specifically the topic of inequity aversion and the cooperative pulling paradigm. She works at Georgia State University in the Department of Psychology, and directs the university's Comparative Economics and Behavioral Studies Laboratory.
The cooperative pulling paradigm is an experimental design in which two or more animals pull rewards toward themselves via an apparatus that they cannot successfully operate alone. Researchers use cooperative pulling experiments to try to understand how cooperation works and how and when it may have evolved.
Urs Fischbacher is a Swiss economist and professor of applied economic research at the University of Konstanz. He is director of the Thurgau Economic Institute, an affiliated institute of the University of Konstanz. He pioneered the field of software tools for experimental economics.
Inequity aversion in animals is the willingness to sacrifice material pay-offs for the sake of greater equality, something humans tend to do from early age. It manifests itself through negative responses when rewards are not distributed equally between animals. In controlled experiments it has been observed, to varying degrees, in capuchin monkeys, chimpanzees, macaques, marmosets, dogs, wolves, rats, crows and ravens. No evidence of the effect was found in tests with orangutans, owl monkeys, squirrel monkeys, tamarins, kea, and cleaner fish. Based on mixed results in experimental studies it may be concluded that some bonobos, baboons, gibbons, and gorillas are inequity averse. Disadvantageous inequity aversion, which occurs when the animal protests as it gets a lesser reward than another animal, is most common. But advantageous inequity aversion has been observed as well, in chimpanzees, baboons and capuchins: the animal protests when it gets a better reward. Scientists believe that sensitivity to inequity co-evolved with the ability to cooperate, as it helps to sustain benefitting from cooperation. There is little evidence for inequity aversion in non-cooperative species.
