Amiel, Yoram; Cowell, Frank A - Suntory and Toyota International Centres for Economics … - 2001
Orderings of income distribution in terms of inequality should be closely related to orderings in terms of risk. Using … a novel mult-country questgionnaire experiment we examine the basis for this claim in terms of respondents …' distributional perceptions. We show that in terms of both inequality and risk individuals consistently reject one of the standard …
