Building on previous studies on perceptions of inequality, welfare and risk we investigate the structure of individualsamp;apos' rankings of uncertain prospects in terms of risk and their relationship to individual preferences. We examine three interlinked propositions that are fundamental to...

Inequality comparisons between countries and over time should take into account problems of data imperfection. We examine the contrasting experience of the UK and Spain during the 1980s in terms of the distribution of disposable income. We consider whether the apparent divergence in inequality...