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Specific egalitarianism? : inequality aversion across domains

Costa-Font, Joan; Cowell, Frank A. - 2024

An individual's inequality aversion (IA) is a central preference parameter that captures the welfare sacrifice from exposure to inequality. However, it is far from trivial how to best elicit IA estimates. Also, little is known about the behavioural determinants of IA and how they differ across...

Persistent link: https://www.econbiz.de/10014637492

(In)equality and (in)justice

Jasso, Guillermina - 2016

Understanding the exact connection between inequality and justice is important because justice is classically regarded … justice, the sense of justice would not awaken to exert its moral suasion, no matter how great the inequality or how fast its … increase. We obtain exact links between economic inequality and three parameters of the justice evaluation distribution …

Persistent link: https://www.econbiz.de/10011521090

A note on inequality aversion across countries, using two new measures

Macunovich, Diane J. - 2011

Studies using the Gini Index as a measure of income inequality have consistently found a positive and significant effect of the Gini on both happiness and life satisfaction. Two new measures used here - the ratio of persons in the lowest income decile relative to the number in the highest, and...

Persistent link: https://www.econbiz.de/10009307464

Long term trends in fair and unfair inequality in the United States

Hussey, Andrew; Jetter, Michael - 2014

This paper analyzes the microeconomic sources of wage inequality in the United States from 1967-2012. Decomposing inequality into factors categorized by degree of personal responsibility, we find that education is able to explain more than twice as much of inequality today as 45 years ago....

Persistent link: https://www.econbiz.de/10010409801

Luck or rights? : an experiment on preferences for redistribution following inheritance of opportunity

Lekfuangfu, Warn N.; Powdthavee, Nattavudh; Riyanto, … - 2022

We experimentally investigate whether people generally perceive inheritance as effort-induced or luck-induced. By randomly matched two strangers in a lab setting, we test whether the sources of opportunity handed down from the 'testator' subjects determines later redistributive decisions among...

Persistent link: https://www.econbiz.de/10013168233

Estimating social preferences using stated satisfaction: novel support for inequity aversion

Diaz, Lina; Houser, Daniel; Ifcher, John; Zarghamee, Homa S. - 2021

In this paper, we use stated satisfaction to estimate social preferences: subjects report their satisfaction with payment-profiles that hold their own payment constant while varying another subject's payment. This approach yields significant support for the inequity aversion model of Fehr and...

Persistent link: https://www.econbiz.de/10012517850

Dissecting inequality-averse preferences

Bergolo, Marcelo; Burdín, Gabriel; Burone, Santiago; … - 2021

Although different approaches and methods have been used to measure inequality aversion, there remains no consensus about its drivers at the individual level. We conducted an experiment on a sample of more than 1800 first-year undergraduate economics and business students in Uruguay to...

Persistent link: https://www.econbiz.de/10012697782

Measuring unfair inequality : reconciling equality of opportunity and freedom from poverty

Hufe, Paul; Kanbur, Ravi; Peichl, Andreas - 2018

Rising income inequalities are widely debated in public and academic discourse. In this paper, we contribute to this debate by proposing a new family of measures of unfair inequality. To do so, we acknowledge that inequality is not bad per se, but that its underlying sources need to be taken...

Persistent link: https://www.econbiz.de/10011874411

Transparency, inequity aversion, and the dynamics of peer pressure in teams : theory and evidence

Mohnen, Alwine (contributor); Pokorny, Kathrin (contributor) - 2008

We provide an explanation for peer pressure in teams based on inequity aversion. Analyzing a two-period model with two agents, we find that the effect of inequity aversion strongly depends on the information structure. When contributions are unobservable, agents act as if they were purely...

Persistent link: https://www.econbiz.de/10003652683

Search and offshoring in the presence of "animal spirits"

Mitra, Devashish; Ranjan, Priya - 2009

In this paper, we introduce two sources of unemployment in a two-factor general equilibrium model: search frictions and fairness considerations. We find that a binding fair-wage constraint increases the unskilled unemployment rate and can at the same time lead to a higher unemployment rate for...

Persistent link: https://www.econbiz.de/10003831919

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