An experimental study on individual choice, social welfare, and social preferences

B-Tier
Journal: European Economic Review
Year: 2009
Volume: 53
Issue: 4
Pages: 385-400

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We experimentally study subjects' compliance with dominance relationships of income distributions in a ranking task. The experiment consisted of four different treatments: Lottery, individual choice, social preferences, and social planner. Our results suggest that people's risk attitudes do not adequately reflect their inequality attitudes. Uninvolved social planners exhibit randomization preferences, while self-interested social planners are generally more inequality averse and try to avoid extreme outcomes.

Technical Details

RePEc Handle
repec:eee:eecrev:v:53:y:2009:i:4:p:385-400
Journal Field
General
Author Count
3
Added to Database
2026-01-29