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Ex Post Inequality of Opportunity Comparisons
Fleurbaey, Marc; Peragine, Vito; Ramos, Xavi - 2015
In this paper we propose different criteria to rank income distributions according to equality of opportunity. Different from existing ones, our criteria explicitly recognize the interplay between circumstances and effort. We characterize them axiomatically and we compare them with existing...
Persistent link: https://www.econbiz.de/10011401677
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Moral Transgressions by Groups: What Drives Individual Voting Behavior?
Feess, Eberhard; Kerzenmacher, Florian; Muehlheusser, Gerd - 2020
We conduct an experiment where subjects are matched in groups of three and vote on a moral transgression. Analyzing different voting rules, the frequency of votes for the moral transgression increases with the number of votes required for it. This effect persists when considering pivotal votes...
Persistent link: https://www.econbiz.de/10012270061
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Give and You Shall Receive: The Emergence of Welfare-Reducing Reciprocity
Murray, Cameron K.; Frijters, Paul; Vorster, Melissa - 2015
other even when their productivities are lower than that of others, causing efficiency losses. Males and business students …
Persistent link: https://www.econbiz.de/10010531730
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'Fair' Welfare Comparisons with Heterogeneous Tastes: Subjective versus Revealed Preferences
Akay, Alpaslan; Bargain, Olivier; Jara, Xavier - 2017
Multidimensional welfare analysis has recently been revived by money-metric measures based on explicit fairness principles and the respect of individual preferences. To operationalize this approach, preference heterogeneity can be inferred from the observation of individual choices (revealed...
Persistent link: https://www.econbiz.de/10011744620
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Technological Advance, Social Fragmentation and Welfare
Bosworth, Steven J.; Snower, Dennis J. - 2021
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from the premise that technological progress falls primarily on market-traded commodities rather than prosocial relationships, since the latter intrinsically require the expenditure of...
Persistent link: https://www.econbiz.de/10012497943
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Give and You Shall Receive: The Emergence of Welfare-Reducing Reciprocity
Murray, Cameron K.; Frijters, Paul; Vorster, Melissa - Institute for the Study of Labor (IZA) - 2015
other even when their productivities are lower than that of others, causing efficiency losses. Males and business students …
Persistent link: https://www.econbiz.de/10011268879
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Inequality and Market Concentration, When Shareholding Is More Skewed Than Consumption
Gans, Joshua S.; Leigh, Andrew; Schmalz, Martin; … - 2018
relative distribution of consumption and corporate equity ownership across individuals or households. The paper calculates this …, but had 13 times as much corporate equity. Because ownership is more skewed than consumption, increased mark-ups increase … inequality. Moreover, over time, corporate equity has become even more skewed relative to consumption. …
Persistent link: https://www.econbiz.de/10011984594
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Discountinous System of Allowances: The Response of Prosocial Health-Care Professionals
Hernandez-Pizarro, Helena; Nicodemo, Catia; Casasnovas, … - 2020
This paper examines the unintended strategic effects of non-linear incentives in public policies. A system of health care subsidies structured in discrete intervals may lead to strategic behaviour. We provide new evidence on this issue, focusing on a case where the strategic actions are taken by...
Persistent link: https://www.econbiz.de/10012322557
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Promoting Equity through Equitable Risk Tradeoffs
Kniesner, Thomas J.; Viscusi, W. Kip - 2022
The impact and economic merits of President Biden's Executive Order 13985 on equity depend on how the executive order … is implemented. While policy discussion to date has focused on equitable outcomes, we propose framing risk equity … equity for mortality risk policies should be the symmetric application of the value of a statistical life (VSL) to all groups …
Persistent link: https://www.econbiz.de/10014296515
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The Minimum Wage and Union Membership among Minimum Wage Workers: Why Do Unions Advocate for Minimum Wage Increases?
Clemens, Jeffrey; Strain, Michael R. - 2022
Over the past decade, organized labor has played a significant role in advocating for minimum wage increases. In this paper, we investigate the effects of minimum wage increases on union membership among individuals in minimum wage intensive industries. Consistent with a "freeriding" hypothesis,...
Persistent link: https://www.econbiz.de/10013470448