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We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure public goods. Itaya, de Meza, and Myles (1997) show that the maximization of social welfare precludes income equality in a single pure public good model. In contrast, we show that...
Persistent link: https://www.econbiz.de/10011584914
In the dictator game, the recipient's opportunity to send a message to the dictator increases giving. This paperreports two experimentswhich study how the timing of messages affects dictators' decisions (experiment 1) and which value recipients attach to communication opportunities (experiment...
Persistent link: https://www.econbiz.de/10011688388
This article studies socially optimal allocations, from the point of view of a benevolent social planner, in environments characterized by fixed resources, endogenous fertility, and full information. Individuals in our environment are fully rational and altruistic toward their descendants. Our...
Persistent link: https://www.econbiz.de/10013189017
This paper explores the association between income and stated views on minimum living standards; that is, views on items and activities that no one in today's society should have to go without. Using data from a large nationally representative survey, we find the rich are less empathetic. In our...
Persistent link: https://www.econbiz.de/10012658235
We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy.
Persistent link: https://www.econbiz.de/10010427426
We run a laboratory experiment where some participants are selected to make investment decisions on behalf of others. We test whether a democratic context influences the social preferences of decision makers in terms of efficiency, altruism and concern for inequality. We find that decision...
Persistent link: https://www.econbiz.de/10011753718
In the dictator game, the recipient's opportunity to send a message to the dictator increases giving. This paperreports two experimentswhich study how the timing of messages affects dictators' decisions (experiment 1) and which value recipients attach to communication opportunities (experiment...
Persistent link: https://www.econbiz.de/10010361495
We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy.
Persistent link: https://www.econbiz.de/10010261195
This paper explores the association between income and stated views on minimum living standards; that is, views on items and activities that no one in today's society should have to go without. Using data from a large nationally representative survey, we find the rich are less empathetic. In our...
Persistent link: https://www.econbiz.de/10012604403
This article studies socially optimal allocations, from the point of view of a benevolent social planner, in environments characterized by fixed resources, endogenous fertility, and full information. Individuals in our environment are fully rational and altruistic toward their descendants. Our...
Persistent link: https://www.econbiz.de/10012806950