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, altruism and concern for inequality. We find that decision makers who are selected democratically are generally more efficiency …We run a laboratory experiment where some participants are selected to make investment decisions on behalf of others …
Persistent link: https://www.econbiz.de/10011753528
subjects are exposed to random shocks. We find that aggregate behavior is ex-post and ex-ante inequality averse, but also that … the other. The first presentation draws attention to inequality in payoffs, the second to collective risk. We find that … conclude that ex-post inequality aversion is the primary concern in the evaluation of social lotteries while collective risk is …
Persistent link: https://www.econbiz.de/10011476573
inequality, focusing on two channels: fairness views and communication. First, we confirm that inequality resulting from … societies occupy top positions in inequality rankings, redistribution levels tend to be lower. We combine survey and … differences in merit is more accepted than inequality due to luck or factors outside of individual control. We also observe …
Persistent link: https://www.econbiz.de/10015395454
Engelmann and Strobel (AER 2004) question the relevance of inequity aversion in simple dictator game experiments claiming that a combination of a preference for efficiency and a Rawlsian motive for helping the least well-off is more important than inequity aversion. We show that these results...
Persistent link: https://www.econbiz.de/10010440438
Although different approaches and methods have been used to measure inequality aversion, there remains no consensus … about its drivers at the individual level. We conducted an experiment on a sample of more than 1800 first-year undergraduate … economics and business students in Uruguay to understand why people are inequality averse. We elicited inequality aversion by …
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reduce own payoff, increase inequality, or reduce social surplus. Individuals respond to lower prices of giving by being less …
Persistent link: https://www.econbiz.de/10014209940
' income affect this relationship. Our data come from an experiment conducted in two countries, the US and Spain – each of … which have different beliefs about how income inequality arises. We find that when individuals are informed about the …
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