Showing 1 - 10 of 978
when inequality was perceived as unfair. We disentangle the effects of inequality and fairness on behavior, and underscore …
Persistent link: https://www.econbiz.de/10012872244
As a proxy for a Pareto-efficient market economy, we adopt the two-party Nash Bargaining model featuring a qualitative bias in the treatment of the contributions of the parties. The Piketty inequality here is the share in total welfare accruing to the richer party over total welfare attained at...
Persistent link: https://www.econbiz.de/10010402572
A meritocratic fairness ideal is generally believed to regard income inequality as fair if it stems from performance …
Persistent link: https://www.econbiz.de/10013328107
Meritocratic beliefs are often invoked as justification of inequality. We provide evidence on how meritocratic beliefs are shaped by economic status and how they contribute to the moral justification of inequality. In a large-scale survey experiment in the US, we show that success causes a...
Persistent link: https://www.econbiz.de/10013384890
We examine how people redistribute income when there is uncertainty about the role luck plays in determining opportunities and outcomes. We elicit redistribution decisions from a U.S.-representative sample who observe worker outcomes and whether luck magnified workers' effort ("lucky...
Persistent link: https://www.econbiz.de/10014251993
This paper analyzes the relationship between perceived wage inequality, demand for wage equalization and life satisfaction. Using the large dataset of the Hungarian Microcensus of 2016 and a measure that quantifies perceived inequality based on respondents' wage estimates - rather than based on...
Persistent link: https://www.econbiz.de/10015166434
capital and hinder long-term prosperity. Sociologically, inherited inequality is seen as unjust, yet the principle of fairness …
Persistent link: https://www.econbiz.de/10014445440
when such conditional fair-ness preferences are measured using the “inequality acceptance” method. Depending on the default … identify distributional preferences and default effects, and discuss best practices for measuring fairness preferences. …
Persistent link: https://www.econbiz.de/10015048991
inequality, focusing on two channels, fairness views and communication. First, we confirm the finding that inequality resulting … observe heterogeneity in fairness views. Second, we extend the analysis to consider whether allowing for communication between … insights into the universality of fairness views and point to the need for more analysis across contexts with different …
Persistent link: https://www.econbiz.de/10015329815
Are the United States still a land of opportunity? We provide new insights on this question by invoking a novel measurement approach that allows us to target the joint distribution of income and wealth. We show that inequality of opportunity has increased by 77% over the time period 1983-2016....
Persistent link: https://www.econbiz.de/10013169954