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Meritocratic beliefs are often invoked as justification of inequality. We provide evidence on how meritocratic beliefs … are shaped by economic status and how they contribute to the moral justification of inequality. In a large-scale survey …. Exploiting exogenous variation in meritocratic beliefs in a two-stage analysis shows that beliefs affect how much inequality …
Persistent link: https://www.econbiz.de/10013384890
-)distribution decisions, suggesting that people view parental influence as a legitimate reason to justify some inequality. This can explain …
Persistent link: https://www.econbiz.de/10013411680
We embed an experiment in a large-scale representative survey to investigate how relative wealth affects risk-taking and how this effect varies as a function of perceived control over life outcomes. Our results contest the common prediction of higher risk-taking in the middle of the...
Persistent link: https://www.econbiz.de/10015409570
tournament incentives. We find that pay inequality has a strong negative effect on perceived fairness. Controlling for pay … inequality, people consider piece rate schemes fairer than those with a discrete bonus and a tournament design in particular …
Persistent link: https://www.econbiz.de/10015414143