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the entire population and sub-groups. The results also indicate that brute luck of gender or ethnicity occurring at birth … is perceived as different from brute luck experienced later in life. …
Persistent link: https://www.econbiz.de/10012287921
comes from effort rather than luck regardless of their income position; (4) the effect of social mobility on inequality …
Persistent link: https://www.econbiz.de/10012882404
This paper studies the impact of exam luck on individuals' education and labor market success. We leverage unique … features of the Norwegian education system that produce random variation in the content of the exams taken by students at the … improvements in both their high school GPA and diploma probability. Subsequently, exam luck generates substantial and persistent …
Persistent link: https://www.econbiz.de/10013177604
those using a sample of the top 0.1 percent. The findings suggest the powerful role of luck within the extremes of the …
Persistent link: https://www.econbiz.de/10012799655
Does being lucky (or unlucky) affect honest decision-making? We examine (1) whether luck-based income strengthens or … between luck and honesty; and (3) whether accumulated luck affects honesty. To this end, we conducted a lab experiment where … participants self-report a dice roll outcome, which is associated with effort-based income, after having received luck-based income …
Persistent link: https://www.econbiz.de/10013427690
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 …
Persistent link: https://www.econbiz.de/10014290293
,986) where luck determined which of the players' performance counted toward winning the game. Despite luck playing a large part …
Persistent link: https://www.econbiz.de/10014296653
observe striking differences in how men and women respond to good and bad luck in a competitive environment. Following a loss …, and differential responses to luck account for about half of the gender performance gap in our experiment. These findings …
Persistent link: https://www.econbiz.de/10008557222
expanding coal exports, Australia emerged as a net energy exporter. But both these forms of good luck are now running out â …
Persistent link: https://www.econbiz.de/10008539019
influences on remuneration. These influences can be seen as reflecting luck from the CEO’s perspective. In this chapter we … present a model for how to avoid compensating CEO for luck by filtering out the macroeconomic influences. In the empirical …
Persistent link: https://www.econbiz.de/10008553045