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If individuals evaluate outcomes relative to the status quo, then a social planner may limit redistribution from rich … know (when we observe near-complete redistribution). Subjects who are themselves risk-seeking over losses drive the effect …, suggesting they project their own loss-aversion onto the recipients. In a separate experiment, respondents are asked to choose a …
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position in it. Second, we investigate how preferences for wealth redistribution are affected by an information experiment. One …We study beliefs about wealth inequality and preferences for wealth redistribution. For this, we conduct a large … for redistribution after learning about the shape of the wealth distribution. In contrast, older participants decrease …
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below or above the average when choosing the tax rate behave as if they were more other-regarding. -- Redistribution … ; Entitlements ; Fairness Bias ; Risk ; Framed Tax Experiment … in bilateral settings (e.g., dictator game and ultimatum game). We use a framed experiment on taxes to study preferences …
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In a multi-agent setting, individuals often compare own performance with that of their peers. These comparisons influence agents incentives and lead to a noncooperative game, even if the agents have to complete independent tasks. I show that depending on the interplay of the peer effects, agents...
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