Showing 1 - 10 of 2,193
We study beliefs about wealth inequality and preferences for wealth redistribution. For this, we conduct a large … position in it. Second, we investigate how preferences for wealth redistribution are affected by an information experiment. One … overestimate their position reduce their aversion to inequality after learning their position, while those who underestimate their …
Persistent link: https://www.econbiz.de/10014543737
Increasing inequality and associated egalitarian sentiments have again put redistribution on the political agenda … the Swiss population. We document that inequality aversion and altruistic concerns play a quantitatively large positive … inequality averse individuals display strong support for policies that primarily aim at reducing the incomes of the rich …
Persistent link: https://www.econbiz.de/10012806641
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
-an inequality averse, an altruistic and a predominantly selfish type-capture the essence of behavioral heterogeneity. These types …
Persistent link: https://www.econbiz.de/10014393248
-scale survey experiments. In the first experiment, we randomly inform respondents about the relationship between parental income … experiment shows that respondents do not account for parental influence on economic success when making (re …-)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
tournament incentives. We find that pay inequality has a strong negative effect on perceived fairness. Controlling for pay … systematically consider three major classes of incentive schemes: continuous piece rate incentives, discrete bonus schemes, and … 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
when such conditional fair-ness preferences are measured using the “inequality acceptance” method. Depending on the default …, implemented inequality decreases by over 65% and cross-country differences are not observed. To organize the data, we develop a …
Persistent link: https://www.econbiz.de/10015048991
We conduct an interdisciplinary meta-analysis to aggregate the knowledge from empirical estimates of inequality … aversion reported from 1999 to 2022. In particular, we examine 85 estimates of disadvantageous inequality aversion (or envy …) and advantageous inequality aversion (or guilt) from 26 articles in economics, psychology, neuroscience and computer …
Persistent link: https://www.econbiz.de/10013285841
this return inequality? I study capital taxation in an economy in which return rates endogenously correlate with wealth … lower marginal tax rates. The endogeneity of returns generates an inequality multiplier effect between wealth and its …
Persistent link: https://www.econbiz.de/10012499593
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