Carlsson, Fredrik; Daruvala, Dinky; Johansson-Stenman, Olof - In: Economica 72 (2005) 3, pp. 375-396
Individuals' preferences for risk and inequality are measured through choices between imagined societies and lotteries. The median relative risk aversion, which is often seen to reflect social inequality aversion, is between 2 and 3. Most people are also found to be "individually"...