Orderings of income distribution in terms of inequality should be closely related to orderings in terms of risk. Using …' distributional perceptions. We show that in terms of both inequality and risk individuals consistently reject one of the standard … axioms of distributional comparison. Moreover, there are significant differences in the 'maps' of inequality and risk …

Building on previous studies on perceptions of inequality, welfare and risk we investigate the structure of individuals …

flavours include inequality, risk, social welfare and justice. The issue of personal involvement in the distributional …

Inequality aversion and risk aversion are widely assumed features of economic models. But a review of the literature … designed to separate inequality aversion from risk aversion. In a set of laboratory experiments, subjects chose between two … alternative with constant risk level implies a higher level of inequality aversion. The experiment was conducted among 211 eight …