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differs from the students’ distribution. In the general population, three types emerge: an inequality averse, an altruistic … of an inequality averse type in the student population is particularly striking considering the fact that this type …
Persistent link: https://www.econbiz.de/10014502446
status. The approach in this paper is based on measuring inequality conditional on an individual's position in the … examine self-assessed health inequality using the sample of world countries contained in the World Health Survey. We also … perform correlation and regression analysis on the determinants of inequality estimates assuming an arbitrary cardinalisation …
Persistent link: https://www.econbiz.de/10011547679
Various markets ban or heavily restrict monetary transfers. This is often motivated by moral concerns. However, it appears to be disputable whether the observed restrictions on transfers are the appropriate market design answer to these concerns. Instead of exogenously restricting transfers on a...
Persistent link: https://www.econbiz.de/10010519953
Economic growth is propelled in part by the accumulation of different kinds of capital, including social capital in its several guises. This paper considers the interplay between financial crises and various aspects of social capital which, if it is allowed to depreciate, can undermine economic...
Persistent link: https://www.econbiz.de/10011288794
The internet has given birth to an expanding number of shared virtual reality spaces, with a collective population well into the millions. These virtual worlds exhibit most of the traits we associate with the Earth world: economic transactions, interpersonal relationships, organic political...
Persistent link: https://www.econbiz.de/10011514194
We show that a recent appendix to the Gini-coefficient to make the latter more sensitive to asymmetric income distributions can be viewed as an abstract measure of skewness. We develop some of its properties and apply it to the US-income distribution in 1974 and 2010.
Persistent link: https://www.econbiz.de/10011497895
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions … of inequality aversion. We use two integrated assessment models (FUND and RICE) for our numerical exercise to get more … robust findings. Our results suggest that inequality considerations lead to a higher (lower) SCC values in high (low) income …
Persistent link: https://www.econbiz.de/10011500170
Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can … powerful buyer can trade with one of several sellers- an environment that can lead to pronounced inequality among the … inequality. …
Persistent link: https://www.econbiz.de/10011405188
income towards rent-seekers. Consequently, an economy with few rent-seekers tends to have high income inequality: an effect …
Persistent link: https://www.econbiz.de/10012652831
relationship between inequality of entitlements, mortality risk, and the size of redistribution in a stylized social security …
Persistent link: https://www.econbiz.de/10013174148