This paper models the welfare consequences of social fragmentation arising from technological advance. We start from … social welfare from material prosperity. Once the share of status goods in total production exceeds a crucial threshold …, technological advance is shown to be welfare-reducing …

welfare effects of globalization and automation. The dashboard is meant to provide an empirical basis for mobilizing action in …

inequality, such as differences in effort, luck, or opportunities. We study how fairness views and the extent of redistribution … outcome. Although third parties cannot verify cheating, we find that the mere suspicion of cheating changes fairness views of ….e., participants who never redistribute. Without cheating opportunities, libertarian fairness views dominate, while egalitarian views …

developments have important welfare implications …