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We consider optimal redistribution in a model where individuals can self-select into one of several possible sectors …
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We consider optimal redistribution in a model where individuals can self-select into one of several possible sectors …
Persistent link: https://www.econbiz.de/10012460432
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This paper examines the question of achieving a societal consensus around redistributive policies. Its extent is measured by the degree of work participation among the different skill classes that populate the economy. This consensus is driven both by the material incentives and heterogeneous...
Persistent link: https://www.econbiz.de/10009765042
A large-scale economic experiment, conducted on a representative sample of the US population, shows that cooperation creates special moral obligations. Participants in the experiment, acting as impartial spectators, transferred significantly more money to an unlucky worker when two individuals...
Persistent link: https://www.econbiz.de/10011847597