In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …

increase aggregate human well-being, while decreasing its cross-sectional variance. These efficiency and equity effects are …

by the Ramsey government not only increases aggregate efficiency, but it also decreases inequality. This result is in …

An important element for the public support of policies is their perceived justice. At the same time most policy … choices have uncertain outcomes. We report the results of a first experiment investigating just allocations of resources when … their own risk preferences. The observed allocations are consistent with four different views of justice under uncertainty. …

negative. The experimental results indicate that the mechanism is conducive to efficiency, despite the multiplicity of …

This paper proposes a model that can be implemented to estimate the willingness to pay for distributive justice. A … formula is derived that allows one to recover the willingness to pay for distributive justice from the estimated coefficients … monetary value of justice in the United States is about one fifth of GDP. We find no evidence that the value of justice varies …

social norm, which embodies societal attitudes towards distributive justice. Results for optimal redistributive taxation in …