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This paper reports an experiment designed to elicit social preferences over income compensation schemes, where income differences between subjects have two independent components: one due to chosen effort and the other due to random chance. These differences can be compensated through social...
Persistent link: https://www.econbiz.de/10010323882
We empirically analyze the relationship between income inequality and individual preferences for public redistribution, focusing on intra-household income inequality between spouses. Using data from the German Socio-Economic Panel, we find that both one's own earned income and earned...
Persistent link: https://www.econbiz.de/10011985499
This paper reports an experiment designed to elicit social preferences over income compensation schemes, where income differences between subjects have two independent components: one due to chosen effort and the other due to random chance. These differences can be compensated through social...
Persistent link: https://www.econbiz.de/10010884455
Cooperation norms often emerge in situations, where the long term collective benefits help to overcome short run individual interests, for instance in repeated Prisoner´s Dilemma (PD) situations. Often, however, there are different paths to cooperation, benefiting different kinds of actors to...
Persistent link: https://www.econbiz.de/10010323886
This paper examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy...
Persistent link: https://www.econbiz.de/10010276297
Using survey data from the International Social Survey Program, we investigate how individual preferences for redistribution and public spending are affected by gender, income and expected future living standard. Applying the concept of the equivalent income, we find that some respondents obtain...
Persistent link: https://www.econbiz.de/10010500160
This paper examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy...
Persistent link: https://www.econbiz.de/10005864522
Cooperation norms often emerge in situations, where the long term collective benefits help to overcome short run individual interests, for instance in repeated Prisoner's Dilemma (PD) situations. Often, however, there are different paths to cooperation, benefiting different kinds of actors to...
Persistent link: https://www.econbiz.de/10010641479
This paper examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy...
Persistent link: https://www.econbiz.de/10005090524
Using survey data from the International Social Survey Program, we investigate how individual preferences for redistribution and public spending are affected by gender, income and expected future living standard. Applying the concept of the equivalence income, we find that some respondents...
Persistent link: https://www.econbiz.de/10011099100