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One aspect of the present paper is to draw out the Adam Smith in Friedrich Hayek. I suggest that common economic talk of market communication, market error and correction, and policy error and correction invokes a spectatorial being and appeals to our sympathy with such being. Behind such common...
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We elicit distributional fairness ideals of impartial spectators using an incentivized elicitation in a large and heterogeneous sample of the German population. We document several empirical facts: i) egalitarianism is the predominant ideal; ii) females are more egalitarian than men; iii) men...
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We elicit distributional fairness ideals of impartial spectators using an incentivized economic experiment in a large and heterogeneous sample of the German population. Our dataset allows us to relate our experimental data on fairness ideals to a large range of socio-demographic characteristics,...
Persistent link: https://www.econbiz.de/10011869131
This article defines in a precise manner three different mechanisms to achieve impartiality in distributive justice and studies them experimentally. We consider a first-person procedure, the Rawlsian veil of ignorance, and two third-party procedures, the impartial spectator and the ideal...
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We elicit distributional fairness ideals of impartial spectators using an incentivized economic experiment in a large and heterogeneous sample of the German population. Our dataset allows us to relate our experimental data on fairness ideals to a large range of socio-demographic characteristics,...
Persistent link: https://www.econbiz.de/10011644666