Showing 1 - 10 of 127
We examine individuals’ distributional orderings in a number of contexts. This is done by using a questionnaire-experiment that is presented to respondents in any one of seven “flavors” or interpretations of the basic distributional problem. The flavors include inequality, risk, social...
Persistent link: https://www.econbiz.de/10010988748
Persistent link: https://www.econbiz.de/10005596438
We examine individuals’ distributional orderings in a number of contexts. This is done by using a questionnaire-experiment that is presented to respondents in any one of seven “flavours” or interpretations of the basic distributional problem. The flavours include inequality, risk, social...
Persistent link: https://www.econbiz.de/10011071116
We examine individuals' distributional orderings in a number of contexts. This is done by using a questionnaire-experiment that is presented to respondents in any one of seven "flavours" or interpretations of the basic distributional problem. The flavours include inequality, risk, social welfare...
Persistent link: https://www.econbiz.de/10005670749
According to standard theory founded on Harsanyi (1953, 1955) a social welfarefunction can be appropriately based on the individual's approach to choice underuncertainty. We investigate whether people really do rank distributions according tothe same principles irrespective of whether the...
Persistent link: https://www.econbiz.de/10005510520
We examine the implications of three similar criteria that are commonly used in welfare economics and the analysis of inequality and poverty - income dominance, monotonicity and the Pareto principle - within the context of income-distribution comparisons. We show that whilst there is a simple...
Persistent link: https://www.econbiz.de/10010928650
It is known from the literature on uncertainty that in cases where individuals express a preference for a high win-probability bet over a bet with high winnings they nevertheless will bid more to obtain the bet with high winnings. We investigate whether a similar phenomenon applies in the...
Persistent link: https://www.econbiz.de/10010928778
Persistent link: https://www.econbiz.de/10005369510
We re-examine some of the standard axioms used in the literature on poverty measurement. Using a sample of 486 students from Australia, Israel and the USA we investigate the extent to which individuals' perceptions of poverty correspond to the axioms. We find that axioms such as anonymity,...
Persistent link: https://www.econbiz.de/10005382465
Starting from the axiomatisation of polarisation contained in Esteban and Ray (1994) and Chakravarty and Majumdar (2001) we investigate wheather paople's perceptions of income polarisation is consistent with the key axioms. This is carried out using a questionnaire-experimental approach that...
Persistent link: https://www.econbiz.de/10005822085