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There is growing evidence on the roles of fairness and social preferences as fundamental human motives, in general, as well as in voting contexts. In contrast, models of political economy are based on selfish-voters who derive utility solely from own payoffs. We examine the implications of...
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In standard political economy models, voters are self-interested i.e. care only about own utility. However, the emerging evidence indicates that voters often have other-regarding preferences (ORP), i.e., in deciding among alternative policies voters care about their payoffs relative to others....
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The celebrated relation between inequality and redistribution is based on selfish voters who care solely about own-payoffs. A growing empirical literature highlights the importance of other regarding preferences (ORP) in voting over redistribution. We reexamine the relation between inequality...
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