Showing 1 - 10 of 393
Persistent link: https://www.econbiz.de/10001583870
The empirical evidence on the existence of social preferences—or lack thereof—is predominantly based on student samples. Yet, knowledge about whether these findings can be extended to the general population is still scarce. In this paper, we compare the distribution of social preferences in...
Persistent link: https://www.econbiz.de/10014502446
The empirical evidence on the existence of social preferences-or lack thereof-is predominantly based on student samples. Yet, knowledge about whether these findings can be extended to the general population is still scarce. In this paper, we compare the distribution of social preferences in a...
Persistent link: https://www.econbiz.de/10014464200
There is no consensus on how to measure social welfare and inequality when households have different needs. As we show, a dilemma emerges between holding households responsible for their needs or compensating them. This dilemma is of first-order importance for social welfare, but generally plays...
Persistent link: https://www.econbiz.de/10015052572
We estimate responsibility-sensitive welfare weights for health that facilitate inequalityand inequity-sensitive policy evaluation. In a UK general population sample, 569 online experiment participants distribute constrained resources to determine the health of hypothetical individuals...
Persistent link: https://www.econbiz.de/10014577916
When is one distribution (of income, consumption, or some other economic variable) more equal or better than another? This question has proven difficult to answer in situations where distribution functions intersect and no unambiguous ranking can be attained without introducing weaker criteria...
Persistent link: https://www.econbiz.de/10010212989
We propose a general framework to unambiguously compare distributions functions in an economically interpretable way. Our framework provides complete ranking of any set of distributions and money metric interpretation of the social welfare level of a dominating distribution as compared to a...
Persistent link: https://www.econbiz.de/10010402566
This paper dissects distributional preferences with group identity in a modified dictator game. I estimate individual-level utility functions with two parameters that govern the trade-offs between equity and efficiency and giving to self and to other. Subjects put on average less weight on...
Persistent link: https://www.econbiz.de/10011591959
This paper presents a characterization of a welfare index for the evaluation of primary goods (to be understood as those goods that all agents should enjoy equally). The welfare associated with a given distribution of n primary goods among m agents is measured as the sum of n real-valued...
Persistent link: https://www.econbiz.de/10009724425
A transfer from a richer individual to poorer A transfer from a richer individual to poorer seems to be the most seems to be the most intuitive and straightforward way of reducing income inequality in a society. However, can such a transfer reduce the welfare of the society? We show that a rich...
Persistent link: https://www.econbiz.de/10011736621