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Many personally risky decisions, such as innovation and entrepreneurship, have the potential to increase overall welfare by creating positive externalities for society. Rewarding such prosocial risk-taking may be an important strategy in addressing societal challenges like, for example, the...
Persistent link: https://www.econbiz.de/10014289107
Using cross-country survey data and a survey experiment, I examine the effects of experienced social mobility on support for redistribution. In line with the self-serving bias, those with negative mobility experiences 'blame the system' and extrapolate from their experience onto society, which...
Persistent link: https://www.econbiz.de/10014288922
Technological change has fundamentally transformed the US labour market in recent decades, with high-earning jobs becoming increasingly focused on nonroutine, complex tasks. We provide a first experimental test of whether fairness perceptions and preferences for redistribution differ when top...
Persistent link: https://www.econbiz.de/10014288937