The paper reexamines the ethics of intergenerational risk. When risk re-solves gradually, earlier decisions cannot …, the intensity of risk, and the way risk resolves over time. The characterized class of reference-dependent utilitarian … welfare criteria: (i) disentangle aversion to intergenerational inequality from aversion to risk; (ii) value an early …

perceived justice. Surprisingly little is known about how people perceive justice under uncertainty. We theoretically and … well organized by four different theoretical views of justice under uncertainty, indicating that uninvolved participants … differ fundamentally in their views on justice under uncertainty …

The paper reexamines the welfare economics of intergenerational risk. Risk and its resolution over time are modeled as … preferences to (i) disentangle aversion to intergenerational inequality from aversion to risk, (ii) exhibit a preference for early … resolution of risk, (iii) show different discounting formulas depending on the magnitude of risk and on the timing of its …

Risk equity serves as the purported rationale for a wide range of inefficient policy practices, such as the concern … that hypothetical individual risks not be too great. This paper proposes an alternative risk equity concept in terms of … equitable tradeoffs rather than equity in risk levels. Equalizing the cost per life saved across policy contexts will save …

their own risk preferences. The observed allocations are consistent with four different views of justice under uncertainty …An important element for the public support of policies is their perceived justice. At the same time most policy …

Three determining factors for economic inequality are self-chosen effort, self-chosen risk, and external circumstances … fairness of inequalities due to self-chosen effort and self-chosen risk, however, are lacking. I study a novel experimental … setting where inequality is due to a choice over effort-provision and a choice over risk-taking. While the resulting …

, we argue that any serious scholar concerned with the plight of the poor needs to address the theory and evidence …