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We experimentally investigate subjects’ preferences for redistribution depending on i) their personal stake in the outcome (either absent or not), ii) the effect of luck in strengthening or weakening the income inequality as derived from merit, and iii) whether individuals are informed about...
Persistent link: https://www.econbiz.de/10014260326
We conduct a laboratory experiment where third-party spectators can redistribute resources between two agents, thereby …
Persistent link: https://www.econbiz.de/10010393298
individuals' payoffs are interdependent to those where payoffs are independent. In a laboratory experiment, we study whether the …
Persistent link: https://www.econbiz.de/10013175708
The meritocratic fairness ideal implies that inequalities in earnings are regarded as fair only when they reflect differences in performance. Consequently, implementation of the meritocratic fairness ideal requires complete information about individual performances, but in practice, such...
Persistent link: https://www.econbiz.de/10012007093
We conduct laboratory experiments where third-party spectators can redistribute resources between two agents, thereby eliminating inequality and offsetting the consequences of controllable and uncontrollable luck. Some spectators go to the limits and equalize all or no inequalities, but many...
Persistent link: https://www.econbiz.de/10014138035
We conduct a laboratory experiment where third-party spectators can redistribute resources between two agents, thereby …
Persistent link: https://www.econbiz.de/10014141821
Economic inequality may fuel frustration, possibly leading to anger and antisocial behavior. We experimentally study a situation where only the rich can reduce inequality while the poor can express their discontent by destroying the wealth of a rich counterpart with whom they had no previous...
Persistent link: https://www.econbiz.de/10012058343
Economic inequality may fuel frustration, possibly leading to anger and antisocial behavior. We experimentally study a situation where only the rich can reduce inequality while the poor can express their discontent by destroying the wealth of a rich counterpart with whom they had no previous...
Persistent link: https://www.econbiz.de/10012064378
Many experimental studies report that economics students tend to act more selfishly than students of other disciplines, a finding that received widespread public and professional attention. Two main explanations that the existing literature offers for the differences found in the behavior...
Persistent link: https://www.econbiz.de/10014531967
evasion. Nevertheless most people pay their taxes most of the time. In a lab experiment, we show that the willingness to pay …
Persistent link: https://www.econbiz.de/10014107943