In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the … maximization, we predict that persons with higher perceived fairness will experience higher levels of life-time utility and are … perceived more positively with increased expected fairness. The opposite is expected for countries with low actual social …

than their peers - suggesting concerns about fairness or disadvantageous inequity. …

Economists praise the efficiency of the price mechanism in allocating scarce resources. Others, however, often reject … value the fairness of the price system, and examine how deeply such differences are rooted in their course of studies. The …