Checchi, Daniele; Filippin, Antonio - In: Inequality, welfare and income distribution : …, (pp. 115-136). 2004
period and individuals are not too risk averse. This paper tests the POUM hypothesis by means of a within subjects experiment … inequality aversion are (partially) controlled for via either the experiment design or the information collected during the … experiment. We find that the POUM hypothesis holds under alternative specifications, even when we control for individual fixed …