Appraising two-Dimensional Inequality: A Questionnaire-Experimental Approach
This paper aims to study the extent to which people's intuitions about the distribution of two attributes within a society are consistent with the different axiomatizations proposed by the economists. In particular, the objective is to compare two alternative principles, namely aversion to dispersion of attributes and aversion to correlation between attributes. By using a questionnaire approach, most people are found to be more averse to correlation rather than averse to dispersion.