The paper reexamines the welfare economics of intergenerational risk. Risk and its resolution over time are modeled as … preferences to (i) disentangle aversion to intergenerational inequality from aversion to risk, (ii) exhibit a preference for early … resolution of risk, (iii) show different discounting formulas depending on the magnitude of risk and on the timing of its …

their own risk preferences. The observed allocations are consistent with four different views of justice under uncertainty …An important element for the public support of policies is their perceived justice. At the same time most policy …

utility if and only if the present is better off than the future. Using the DICE integrated assessment model to run risk …

utilitarian justice concept appended with a safety net for the poorest. Another result is that people are willing to accept income …

(equivalent to over 93 percent of the world population) from 1950 to 2014. Our results produce strong evidence for a positive …

, risk aversion and preferred bonus scheme (team or individual). Standard economics make a strong prediction in this case … this preference is risk aversion. The economic model predicts the case at hand fairly well. Relative work place … productivity is strongly associated with a preference for individual bonuses, and risk aversion is associated with a preference for …