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Economists praise the efficiency of the price mechanism in allocating scarce resources. Others, however, often reject … value the fairness of the price system, and examine how deeply such differences are rooted in their course of studies. The …
Persistent link: https://www.econbiz.de/10010503705
This paper studies the impact of exam luck on individuals’ education and labor market success. We leverage unique features of the Norwegian education system that produce random variation in the content of the exams taken by students at the end of high school. Lucky students take exams in...
Persistent link: https://www.econbiz.de/10012817815
Persistent link: https://www.econbiz.de/10001788935
In this paper, we examine students' attitudes towards various allocation mechanisms for a scarce resource. For this purpose, we have run a survey among officers of the German military who are enrolled in different courses of study (such as economics) at the University of the German Federal Armed...
Persistent link: https://www.econbiz.de/10014077234
We conduct an interdisciplinary meta-analysis to aggregate the knowledge from empirical estimates of inequality aversion reported from 1999 to 2022. In particular, we examine 85 estimates of disadvantageous inequality aversion (or envy) and advantageous inequality aversion (or guilt) from 26...
Persistent link: https://www.econbiz.de/10014080048
In 2011, German police accidentally stumbled upon a previously unknown right-wing extremist group called the National Socialist Underground (NSU). Further investigations implicated the group in previously unexplained murders of mostly ethnically Turkish individuals and in other crimes targeting...
Persistent link: https://www.econbiz.de/10012908664
This paper analyses the extent of income inequality and opportunity inequality in 25 European countries. The present work contributes to understanding the origin of standard income inequality, helping to identify potential institutional setups that are associated to opportunity inequality. We...
Persistent link: https://www.econbiz.de/10013141424
that such 'fairness spillovers' can incur large economic costs: A belief that there is unfairness in taxation in the sense …
Persistent link: https://www.econbiz.de/10013101717
Using self reported measures of life satisfaction and risk attitudes, we empirically test whether there is a relationship between individuals inequality and risk aversion. The empirical analysis uses the German SOEP household panel for the years 1997 to 2007 to conclude that the negative effect...
Persistent link: https://www.econbiz.de/10013148355
component of utility). These approaches are applied in various ways to an experiment on fairness conducted by Cappelen et al … modelling and estimation ; model evaluation ; individual behaviour ; fairness …
Persistent link: https://www.econbiz.de/10003980540