Income Inequality, Redistribution and Poverty: Contrasting rational choice and behavioural perspectives
Based on the standard axiom of individual utility maximization, rational choice has postulated that higher income inequality translates into greater redistribution by shaping the median voter?s preferences. While numerous papers have tested this propositi
Year of publication: |
2012
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Authors: | Luebker, Malte |
Institutions: | World Institute for Development Economic Research (UNU/WIDER), United Nations University |
Subject: | income distribution | redistribution | median voter theorem | behavioural economics |
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