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In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the income generation process affects this association. Building on a two-period model of individual life-time utility maximization, we predict that persons with higher perceived...
Persistent link: https://www.econbiz.de/10010258037
evaluations of the justice of their personal earnings. In the first step we derive three criteria used by individuals to evaluate … the fairness or justice of their personal earnings: compensation for services rendered, coverage of basic needs, and the … gender research to explain why men's and women's evaluations of justice are determined to a considerable degree by the …
Persistent link: https://www.econbiz.de/10008826582
This paper descriptively analyzes the nexus between income comparisons and perceptions of unfair pay. A German household survey reveals that individuals who perceive their wages as unfair earn significantly lower wages than fairly paid individuals with similar characteristics. This suggests that...
Persistent link: https://www.econbiz.de/10009715233
This paper analyzes the nexus between income comparisons and perceptions of unfair pay. We apply a large German household survey and conduct wage regressions to conclude whether individuals who perceive their wages as unfair earn significantly lower wages than fairly paid individuals with...
Persistent link: https://www.econbiz.de/10010201548
Persistent link: https://www.econbiz.de/10010336562
Several studies have demonstrated that income inequality has risen since the 1960s. Other studies have found that people underestimate the extent of the inequality. Reasons for these mis-perceptions include over-reliance on one's own local environment and ideologically-motivated reasoning. We...
Persistent link: https://www.econbiz.de/10012839150
In this paper we explore perceptions of distributive justice in Latin America during the 2000s and its relationship …, decrease in the share of the population that believes income distribution is unfair. The fall in the perception of unfairness …
Persistent link: https://www.econbiz.de/10011691107
This paper descriptively analyzes the nexus between income comparisons and perceptions of unfair pay. A German household survey reveals that individuals who perceive their wages as unfair earn significantly lower wages than fairly paid individuals with similar characteristics. This suggests that...
Persistent link: https://www.econbiz.de/10014160353
inequality, even when it leads to a Pareto improvement. While the difference in fairness perception of inequality was a cultural … imply that both learning processes of individuals and culture play an important role in perception and preferences regarding …
Persistent link: https://www.econbiz.de/10014077273
This paper seeks to understand whether the way in which inequality is communicated through measurements influences individuals' fairness perceptions regarding wealth inequality. It begins from the premise that prominent measures of inequality, such as the Gini coefficient, fall short of...
Persistent link: https://www.econbiz.de/10014314736