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Christmas is when people are expected to act selflessly for the well-being of others, but are people actually more altruistic at this time of the year? Responding to this question poses a challenge because of the confounding factors of charitable tax breaks, reciprocity motives, direct social...
Persistent link: https://www.econbiz.de/10012960412
This paper examines optimal redistribution in a model with high and low-skilled individuals with heterogeneous tastes for labor, that either work or not. With such double heterogeneity, traditional Welfarist criteria including Utilitarianism fail to take the compensation-responsibility trade-off...
Persistent link: https://www.econbiz.de/10014197825
In many important economic settings, limited information makes it impossible for decision makers to ensure that each individual gets what he or she deserves. Decision makers are then faced with the trade-off between giving some individuals more than they deserve, false positives, and giving some...
Persistent link: https://www.econbiz.de/10014111716
differ significantly in fairness views, but not in the importance assigned to efficiency. In particular, we find that … fairness considerations are more fundamental for inequality acceptance than efficiency considerations. In both countries, merit …
Persistent link: https://www.econbiz.de/10012891628
source of inequality and the cost of redistribution. We show that Americans and Norwegians differ significantly in fairness … views, but not in the importance assigned to efficiency. The study also provides robust causal evidence of fairness …
Persistent link: https://www.econbiz.de/10012978202