Showing 1 - 10 of 28
Amiel et al. (1999) use the Atkinson and the Gini social welfare functions to measure income inequality attitudes based on data from leaky-bucket experiments. Yet the experimental de-sign does not allow their subjects to perceive income inequality according to the Gini or the Atkinson inequality...
Persistent link: https://www.econbiz.de/10010296225
Leaky-bucket transactions can be regarded as a generalization of the transfer principle allowing for transaction costs. In its most rudimentary form, leaky-bucket transactions trace out the maximum leakage of transaction costs such that a transfer still pays at the margin. Yet - to pay at the...
Persistent link: https://www.econbiz.de/10010296229
Using an experiment with material incentives, this paper investigates the violation of Lorenz relations in the case of dominant and single-crossing Lorenz curves. Our experimental design consists of two treatments: an income distribution treatment and a lottery treatment. Both treatments were...
Persistent link: https://www.econbiz.de/10010296241
Leaky-bucket transactions can be regarded as income transfers allowing for transaction costs. In its most rudimentary form, leaky-bucket transactions trace out the maximum "leakage" of transaction costs before income inequality is exacerbated, or before a welfare loss is experienced. This notion...
Persistent link: https://www.econbiz.de/10010296242
This paper provides a comparative experimental study of risky prospects (lotteries) and income distributions. The experimental design consisted of multi-outcome lotteries and n-dimensional income distributions arranged in the shapes of ten distributions which were judged in terms of ratings and...
Persistent link: https://www.econbiz.de/10010296309
This paper investigates distributive justice using a fourfold experimental design : The ignorance and the risk scenarios are combined with the self-concern and the umpire modes. We study behavioral switches between self-concern and umpire mode and investigate the goodness of ten standards of...
Persistent link: https://www.econbiz.de/10010296310
Using an experiment with material incentives, this paper investigates the violation of composite dominance relationships, viz. absolute Pareto dominance, Pareto rank dominance, transfer dominance, Lorenz dominance, and generalized Lorenz dominance. Moreover, we test tail independence. The...
Persistent link: https://www.econbiz.de/10010296311
This paper uses the data gained from an income categorization experiment for five shapes of income distributions to investigate background context effects, relative deprivation, range-frequency theory to explain background context effects, individual income satisfaction versus aggregate...
Persistent link: https://www.econbiz.de/10010296312
Persistent link: https://www.econbiz.de/10000803241
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