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Reduced inequality in human capital may reduce approriation from the rich. They may therefore favor policies such as income transfer and mandatory schooling leads to higher incomes for boththe rich and the poor, and increases the welfare of all. Moreover, it is the optimal policy for the rich,...
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We examine how people redistribute income when there is uncertainty about the role luck plays in determining opportunities and outcomes. We elicit redistribution decisions from a U.S.-representative sample who observe worker outcomes and whether luck magnified workers' effort ("lucky...
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This paper examines how people redistribute income when there is uncertainty about the role luck plays in determining opportunities and outcomes. We introduce a portable experimental method that generates exogenous variation in the probability that real workers' earnings are due to luck, while...
Persistent link: https://www.econbiz.de/10014077536
A meritocratic fairness ideal is generally believed to regard income inequality as fair if it stems from performance differentials rather than luck. In this study, we present experimental evidence showing that merit judgments are shaped by the source of performance differentials while holding...
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