This paper studies the impact of exam luck on individuals’ education and labor market success. We leverage unique … improvements in both their high school GPA and diploma probability. Subsequently, exam luck generates substantial and persistent … wage differentials across otherwise identical individuals. These luck-induced wage effects are of a similar magnitude as …

comes from effort rather than luck regardless of their income position; (4) the effect of social mobility on inequality …

We examine how people redistribute income when there is uncertainty about the role luck plays in determining … whether luck magnified workers' effort ("lucky opportunities") or determined workers' income directly ("lucky outcomes"). We … find that participants redistribute less and are less reactive to changes in the importance of luck in environments with …

attractiveness in particular of Luck Egalitarianism, compensating inequalities due to chance but not those due to choice. We find …

critiques to utilitarianism by satisfying the following three fairness axioms: possibility of trade-offs sets a limit to the …

attractiveness in particular of Luck Egalitarianism, compensating inequalities due to chance but not those due to choice. We find …