Showing 1 - 10 of 13,126
Gender differences in voting patterns and political attitudes towards redistribution are well-documented. The … experimental gender literature suggests several plausible behavioral explanations behind these differences, relating to gender … gender difference in average chosen tax rates in the performance conditions. We find that this gender difference is mainly …
Persistent link: https://www.econbiz.de/10011523572
Three determining factors for economic inequality are self-chosen effort, self-chosen risk, and external circumstances. The fairness people assign to inequalities due to effort and external circumstances is widely studied. Insights on the fairness of inequalities due to self-chosen effort and...
Persistent link: https://www.econbiz.de/10013252893
We refine the understanding of individual preferences across social lotteries, whereby the payoffs of a pair of subjects are exposed to random shocks. We find that aggregate behavior is ex-post and ex-ante inequality averse, but also that there is a wide variety of individual preferences and...
Persistent link: https://www.econbiz.de/10011476573
Persistent link: https://www.econbiz.de/10011669749
This study investigates the influence of gender composition on allocation decisions involving a rank …-inequality tradeoff. In a laboratory experiment, participants chose to either alleviate inequality by relinquishing their current relative … rank or exacerbate inequality by maintaining their current rank. Two essential features of the experiment are: 1 …
Persistent link: https://www.econbiz.de/10013457660
This paper studies the relationship between income inequality and risk taking. Increased income inequality is likely to enlarge the scope for upward comparisons and, in the presence of reference-dependent preferences, to increase willingness to take risks. Using a globally representative dataset...
Persistent link: https://www.econbiz.de/10013493003
This paper studies the relationship between income inequality and risk taking. Increased income inequality is likely to enlarge the scope for upward comparisons and, in the presence of reference-dependent preferences, to increase willingness to take risks. Using a globally representative dataset...
Persistent link: https://www.econbiz.de/10013498992
We propose an instrument to measure individuals' social preferences regarding equity and efficiency behind a veil of ignorance. We pair portfolio and wealth distribution choice problems which have a common budget set. For a given bundle, the distribution over an individual's wealth is the same...
Persistent link: https://www.econbiz.de/10011928322
Standard economic theory assumes that individual risk taking decisions are independent from the social context. Recent … taking. We perform a real effort field experiment where inequality is introduced to different wage rates. After the effort …
Persistent link: https://www.econbiz.de/10010532452
The meritocratic fairness ideal implies that inequalities in earnings are regarded as fair only when they reflect differences in performance. Consequently, implementation of the meritocratic fairness ideal requires complete information about individual performances, but in practice, such...
Persistent link: https://www.econbiz.de/10012870627