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In this paper we study the relationship between inequality and social instability. While the argument that inequality … the causal relationship running from inequality to instability. Specifically, we conduct a laboratory experiment. In the … comes at the cost of inter-group inequality. In the second half of the experiment, we vary the extent of the inequality …
Persistent link: https://www.econbiz.de/10014480587
This paper analyzes responsibility attributions for outcomes of collective decision making processes. In particular, we ask if decision makers are blamed for being pivotal if they implement an unpopular outcome in a sequential voting process. We conduct an experimental voting game in which...
Persistent link: https://www.econbiz.de/10011282471
How society invests in human capital is important for economic growth and social welfare. The paper reports from the first experiment designed to elicit people's preferences for how to prioritize educational resources, where 2,000 Americans trade off educational resources between quick and slow...
Persistent link: https://www.econbiz.de/10012434975
utilitarian social welfare function yields a simple welfare measure which comprises both GDP and income inequality as measured by …
Persistent link: https://www.econbiz.de/10011872086
absolute inequality in welfare achievement, while leaving the change in relative inequality ambiguous. Additionally …
Persistent link: https://www.econbiz.de/10010319089
public good is pure, any given, positive level of income inequality can be shown to be socially excessive by suitably … redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo. …
Persistent link: https://www.econbiz.de/10010269097
Conflict can cause negative externalities to arise, and this can result in economic loss. Such externalities are also thought to influence individuals' perceptions about economic issues. Acemoglu and Robinson (2000) provide their hypothesis that the political elite extend the franchise to avoid...
Persistent link: https://www.econbiz.de/10011421469
How do changes in socio-economic inequality between ethnic groups affect interethnic ties in a divided society? I … principal findings. First, as inequality between ethnic groups increases, the prospects of interethnic marriages decline. Status … inequality in multiethnic societies may facilitate ethnic integration. Second, the effect of ethnic inequality is not uniform …
Persistent link: https://www.econbiz.de/10011943807
This paper investigates the impact of inequality on individual civic engagement at the community level, whether this … impact persists over time, and what mechanisms may shape the relationship between inequality and civic engagement. The … results show that inequality in Colombia is associated with increases in individual participation in political organizations …
Persistent link: https://www.econbiz.de/10012146566
social preferences in different economic systems. We introduce inequality-averse and inefficiency-averse agents responding to …
Persistent link: https://www.econbiz.de/10010279554