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considerations to explain the development or sustainability of these transfers. Such is the implicit ambition of efficiency theories … of the Welfare State. However, while these theories may be suited for explaining the development of public insurance or … explained by pure efficiency motives, but less than what would be predicted under the extended insurance hypothesis. One …
Persistent link: https://www.econbiz.de/10014023654
We illustrate how the desire to live in a fair society that rewards individual effort and hard work triggers an unselfish though rational demand for redistribution. This leads the well off to prefer higher taxes and the poor to reject extreme progressivity. We then provide evidence of these...
Persistent link: https://www.econbiz.de/10011785084
efficiency and equity of the final outcome. Furthermore, these tendencies are stronger when the two players have conflicting …
Persistent link: https://www.econbiz.de/10011617904
Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can have severe economic consequences, as they may cause counterproductive behavior such as rulebook slowdowns or quality shading. To analyze fairness perceptions associated with...
Persistent link: https://www.econbiz.de/10011404392
Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can have severe economic consequences, as they may cause counterproductive behavior such as rulebook slowdowns or quality shading. To analyze fairness perceptions associated with...
Persistent link: https://www.econbiz.de/10011405188
Elites disproportionately influence policymaking, yet little is known about their fairness and efficiency preferences … distributions than the average American, are highly sensitive to both merit-based inequality and efficiency costs of redistribution …
Persistent link: https://www.econbiz.de/10015332803
There is no consensus on how to measure social welfare and inequality when households have different needs. As we show …-order importance for social welfare, but generally plays a minor role in the measurement of inequality. To address this impasse, we … introduce partial compensation. Our axiomatic characterizations reveal novel families of welfare criteria and, with the …
Persistent link: https://www.econbiz.de/10015052572
We extend Bergstrom and Cornes (1983) to show that for strong independence of efficient allocations from distribution in a public goods economy, the utility functions of all consumers must identically be of the form: A(Y)Xi, where Y and Xi are respectively the quantities of public good and...
Persistent link: https://www.econbiz.de/10011041597
We propose an instrument to measure individuals' social preferences regarding equity and efficiency behind a veil of … whether the wealth distribution choice exhibits equity or efficiency preferring tastes. We report experiments using a within …-subject design testing the veracity of this instrument. We find clusters of equity preferring, efficiency preferring, and socially …
Persistent link: https://www.econbiz.de/10012907876
We propose an instrument to measure individuals' social preferences regarding equity and efficiency behind a veil of … whether the wealth distribution choice exhibits equity or efficiency preferring tastes. We report experiments using a within …-subject design testing the veracity of this instrument. We find clusters of equity preferring, efficiency preferring, and socially …
Persistent link: https://www.econbiz.de/10011928322