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Although different approaches and methods have been used to measure inequality aversion, there remains no consensus about its drivers at the individual level. We conducted an experiment on a sample of more than 1800 first-year undergraduate economics and business students in Uruguay to...
Persistent link: https://www.econbiz.de/10012697782
when inequality was perceived as unfair. We disentangle the effects of inequality and fairness on behavior, and underscore …
Persistent link: https://www.econbiz.de/10012872244
We experimentally investigate whether people generally perceive inheritance as effort-induced or luck-induced. By randomly matched two strangers in a lab setting, we test whether the sources of opportunity handed down from the 'testator' subjects determines later redistributive decisions among...
Persistent link: https://www.econbiz.de/10013168233
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10013112981
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10013006909
This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed (if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty alleviation should matter. This note shows that we all do care...
Persistent link: https://www.econbiz.de/10014072283
This paper incorporates compassion into social preferences and tracks individuals' choices over ten allocation decisions, categorizing participants' behavior more precisely than previous work. We provide important evidence relevant to the on-going debate as to whether social preferences are...
Persistent link: https://www.econbiz.de/10014209940
Most people tend to equate success with merit, a tendency that is particularly pronounced among conservatives. However, in practice it is exceedingly difficult to discern the relative impact of luck and effort to economic success. Based on a large-scale online study that samples the general US...
Persistent link: https://www.econbiz.de/10012309823
fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … aversion. Furthermore, we show that an exclusive focus on top incomes may misguide fairness judgments. …
Persistent link: https://www.econbiz.de/10011874411
fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … aversion. Furthermore, we show that an exclusive focus on top incomes may misguide fairness judgments. …
Persistent link: https://www.econbiz.de/10011864650