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 …

The weak rationality principle is not an empirical statement but a heuristic rule of how to proceed in social sciences …-foundation and, therefore, employ the rationality assumption in economic models. Then, with reference to the ‘bounded rationality … a part of the rationality assumption. We conclude with some remarks on handling the problems of ‘free will’ as well as …

consistent in revealing that groups behave closer to the game-theoretical assumption of rationality and selfishness than …

tracking increases educational inequality. While less clear, there is also a tendency for early tracking to reduce mean …

The relationship between inequality and redistribution is usually studied under the assumption that the government … expenditure). We show that inequality may have no discernible effect on the size of redistributive programs. …

We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows …

The paper examines the impact of income inequality and mobility on income redistribution in a modified median voter … model where redistributive conflict takes place both between educational groups and age-groups. The effects of inequality … inequality. We also examine the effect of the length of electoral periods on redistribution and welfare for different groups and …

This paper surveys the empirical literature on the association between growth on inequality in less developed countries …, with a particular emphasis on labor market inequality. Cross-country studies failed to find a clear link from growth to … inequality. Country-specific studies that focused on labor market inequality have shown that, with a few exceptions, wage …