This paper investigates how people differentiate between inequality caused by talent and inequality caused by luck in a large-scale study of the US population. We establish that people distinguish significantly between inequality due to luck and inequality due to talent, even when controlling...

This paper investigates how people differentiate between inequality caused by talent and inequality caused by luck in a large-scale study of the US population. We establish that people distinguish significantly between inequality due to luck and inequality due to talent, even when controlling...

This study investigates the determinants of individuals’ demand for and supply of paternalistic interventions - measures intended to help others avoid mistakes. Based on data from an incentivized experiment conducted with a large U.S. sample, we find that both demand and supply are higher for...

This study investigates the determinants of individuals' demand for and supply of paternalistic interventions - measures intended to help others avoid mistakes. Based on data from an incentivized experiment conducted with a large U.S. sample, we find that both demand and supply are higher for...

This paper examines paternalistic preferences in large-scale experiments in the U.S. Participants decide whether to intervene to prevent a stakeholder, mistaken about their options, to make a choice that is misaligned with their preferences. We find that the willingness to intervene strongly...

This study investigates the determinants of individuals' demand for and supply of paternalistic interventions - measures intended to help others avoid mistakes. Based on data from an incentivized experiment conducted with a large U.S. sample, we find that both demand and supply are higher for...

This study investigates the determinants of individuals' demand for and supply of paternalistic interventions - measures intended to help others avoid mistakes. Based on data from an incentivized experiment conducted with a large U.S. sample, we find that both demand and supply are higher for...

This paper examines paternalistic preferences in large-scale experiments in the U.S. Participants decide whether to intervene to prevent a stakeholder, mistaken about their options, to make a choice that is misaligned with their preferences. We find that the willingness to intervene strongly...

Negative externalities, social and environmental responsibility, income effects, market experimentsThis paper reports the results of a large-scale incentivized experiment investigating individuals' fairness perceptions of the extreme income inequalities generated in winner-take-all competitions....

Agreements are rarely fully enforceable, exposing trading parties to some risk of exploitation. In such circumstances, trust-defined as the belief in the trustworthiness of others-seems important for realizing gains from trade. This paper explores an unstudied question: whether trust is a...