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In settings with uncertainty, tension exists between ex ante and ex post notions of fairness (e.g., equal opportunity … deontological (rule-based) ethics, and thereby avoids the implication that revisions imply inconsistency. We test between these … findings suggest that the most common attitude toward fairness involves a time-consistent preference for applying naive …
Persistent link: https://www.econbiz.de/10012907770
their effort, it will chose low redistribution and low taxes. In equilibrium effort will be high, the role of luck limited …
Persistent link: https://www.econbiz.de/10013134300
redistribution. We study the dynamic evolution of different economies in which redistributive policies, perceptions of fairness … inequality, redistribution and growth. We also show how different beliefs about fairness can keep two otherwise identical …, inequality and growth are jointly determined. We show how including fairness explains various observed correlations between …
Persistent link: https://www.econbiz.de/10013149709
Uncertainty and its composition can affect the demand for social insurance, and thereby the labor market. This paper shows that small to medium-sized increases in uncertainty or risk aversion are enough to recommend an expansion of the safety net that would be broadly similar to the actual...
Persistent link: https://www.econbiz.de/10013074281
Bigger governments raise the possibilities for corruption; more corruption may in turn raise the support for redistributive policies that intend to correct the inequality and injustice generated by corruption. We formalize these insights in a simple dynamic model. A positive feedback from past...
Persistent link: https://www.econbiz.de/10013245746
People's fairness preferences are an important constraint for what constitutes an acceptable economic transaction, yet … play an important role in shaping perceptions of fairness. Buyers used to high market prices, for example, are more likely …-dependent fairness preferences—either based on endogenous fairness reference points or based on shifts in salience—that can account for …
Persistent link: https://www.econbiz.de/10012981613
groups perceive a particular exchange as fair. We investigate racial differences in fairness standards using preferences for …
Persistent link: https://www.econbiz.de/10013124541
We present a dictator game experiment where the recipients are local charities that serve the poor. Donors consist of approximately 1000 participants from a nationally representative respondent panel that is maintained by a private survey research firm, Knowledge Networks. We randomly manipulate...
Persistent link: https://www.econbiz.de/10013152510
We investigate determinants of private and public generosity to Katrina victims using an artifactual field experiment. In this experiment, respondents from the general population viewed a short audiovisual presentation that manipulated respondents' perceptions of the income, race, and...
Persistent link: https://www.econbiz.de/10012759998
We conduct a lab-in-the-field experiment to identify parents' preferences for investing in their children. The experiment exogenously varied the short-run returns to educational investments to identify how much parents care about maximizing total household earnings, minimizing cross-sibling...
Persistent link: https://www.econbiz.de/10013308357