public good is pure, any given, positive level of income inequality can beshown to be socially excessive by suitably … redistribution from the rich tothe poor will improve social welfare, regardless of how small inequality is in the status quo... …

inequality-averseas umpires. A within{subjects analysis shows that about one half became lessinequality-averse, one quarter … became more inequality-averse and one quarterremained unchanged as umpires. In the risk scenario, subjects become onaverage … more inequality-averse in their umpire roles. A within-subjects analysisshows that about half became more inequality …

economic development and the dynamics of inequality withinand across societies. The study argues that entrepreneurial spirit …