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 …

Health insurance premiums often do not reflect individual health risks, implying redistribution from individuals with … redistribution and to lower welfare of high-risk individuals. This could be the case because more cost-sharing increases out … that was in place was a 350 euro deductible. Our counterfactual experiments show that redistribution would decrease when …

The paper studies the effects of tax policy on venture capital activity. Entrepreneurs pursue a single high risk … managerial advice. It considers differential wage and capital income taxes, a comprehensive income tax, incomplete loss offset …

of an agent's level of consumption depends on his legal income and initial level of wealth, as conspicuous consumption by … consumption monitoring and wealth is observed, the effect of higher wealth on equilibrium bribes is ambiguous (and that the … wages). We also discuss the role of ability, the tax system, and the way to derive a measure of the value of illegal funds …

. Consequently, the distribution of wealth and income deteriorates inasmuch as people with high fortunes tend to have more …