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position in it. Second, we investigate how preferences for wealth redistribution are affected by an information experiment. One …We study beliefs about wealth inequality and preferences for wealth redistribution. For this, we conduct a large … for redistribution after learning about the shape of the wealth distribution. In contrast, older participants decrease …
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. Consequently, the distribution of wealth and income deteriorates inasmuch as people with high fortunes tend to have more …
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We analyze how the wealth of an agent and its distribution affect the profit of the principal by considering the simple … change in risk aversion because of an increase in wealth. The second result is that the profit function of the principal is … concave in wealth, which presents an implication that the principal prefers a group of agents with low wealth inequality over …
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