hypothesis work quite well empirically: there exists a positive link between perceived inequality or perceived upward mobility … and the extent of redistribution in democratic regimes - though such a link does not exist when objective measures of … inequality and social mobility are used. These observations highlight that political preferences and choices might depend more on …

Using a new survey and experimental data, we investigate how information on inequality and immigration affects … preferences for redistribution in Italy. Our randomized treatments show that preferences for redistribution are generally …-immigrant composition of poverty reduces economic in-group bias by affecting exclusionary redistributive preferences. Respondents are less …

This paper shows that higher levels of perceived wage inequality are associated with a weaker (stronger) belief into … further corroborated using various complementary measures of individuals' perception of the chances and risks associated with … an unequal distribution of economic resources, such as their perception of the chances of upward mobility. I finally show …

to a fiscal deficit bias at the early stages of financial liberalization. When countries differ in terms of capital …

The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates … misperceptions of probability drive the favorite-longshot bias, as suggested by Prospect Theory. -- pricing under risk ; probability … ; weighting ; compound lotteries ; favourite-longshot bias …

bias | but one that represents an optimal Bayesian decision, given the limitations of the mental representation of the …

for redistribution beyond self-interest. Subjects generated a high or a low income either through a lottery or through an … when the inequality is generated by the tournament (lottery). The effect still holds when controlling for self …-selection into different outcomes of the tournament and can be explained by in- or out-group bias and a self-serving bias in …

This paper introduces life expectancy inequality into a tractable Mirrleesian life-cycle model and characterizes the … the well-known static pattern of declining marginal utility. As a result, the mechanical value of redistribution is … effects of the mechanical value of redistribution dominate, and the optimal marginal tax rates fall by up to 10 percentage …

What matters for individuals' preferences for redistribution? In this paper we show that consequentialist beliefs about … inequality - beliefs about how economic inequality changes the crime rate or the quality of democratic institutions, for example …,731 U.S. citizens, we show that a majority of respondents believe that inequality leads to a wide range of negative societal …

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. …