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Frequent violations of fair principles in real-life settings raise the fundamental question of whether such principles can guarantee the existence of a self-enforcing equilibrium in a free economy. We show that elementary principles of distributive justice guarantee that a pure-strategy Nash...
Persistent link: https://www.econbiz.de/10012819017
with the conventional measures of income inequality, which were not high in that region. The aim of this paper is to …, educational level and income status. Overall and country specific results are provided …
Persistent link: https://www.econbiz.de/10012988557
taxation and redistribution, and guaranteeing a basic income to unproductive agents. Our analysis uncovers a new class of …
Persistent link: https://www.econbiz.de/10012659137
the health of hypothetical individuals distinguished by randomly generated resource productivity as well as sex, income … and smoking (41,460 observations). We elicit beliefs about responsibility for income and smoking, and use their … raises the weight on the poor, who are health-disadvantaged. As beliefs about responsibility for income and smoking …
Persistent link: https://www.econbiz.de/10014577916
ideological traits; (c) subjective perceptions of the relative importance of the main determinants of income differences (luck …
Persistent link: https://www.econbiz.de/10014150070
capture different aspects of people's opportunity sets, for which observed income may be a poor proxy. One implication is that … the cross-country literature on income inequality and growth may have been barking up the wrong tree, and that alternative …
Persistent link: https://www.econbiz.de/10014060088
income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of … subjects to report (a) how their income compares to various groups, such a co-workers, friends, and neighbours, and (b) how … important these income comparisons are to them. We find substantial gender differences, with income comparisons being much …
Persistent link: https://www.econbiz.de/10003895798
income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of … subjects to report (a) how their income compares to various groups, such a co-workers, friends, and neighbours, and (b) how … important these income comparisons are to them. We find substantial gender differences, with income comparisons being much …
Persistent link: https://www.econbiz.de/10013155599
income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of … subjects to report (a) how their income compares to various groups, such a co-workers, friends, and neighbours, and (b) how … important these income comparisons are to them. We find substantial gender differences, with income comparisons being much …
Persistent link: https://www.econbiz.de/10011635744
income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of … subjects to report (a) how their income compares to various groups, such a co-workers, friends, and neighbours, and (b) how … important these income comparisons are to them. We find substantial gender differences, with income comparisons being much …
Persistent link: https://www.econbiz.de/10014203865