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Krawczyk Michał (Center for Research in Experimental Economics and Political Decision-Making (CREED) at the University of Amsterdam and the Tinbergen Institute)
Fairness, Risk Aversion and the Welfare State : an Experimental Investigation
Ekonomia / Uniwersytet Warszawski, 2008, nr 21, s. 230-244, rys., tab. bibliogr. s. 243-244
Słowa kluczowe
Państwo opiekuńcze, Redystrybucja dochodów, Ryzyko, Podatek dochodowy
Welfare state, Redistribution of income, Risk, Income tax
The experimental design proposed here assumes a "thin" veil of ignorance, which admits a glimpse of one's future: Decision makers choose their preferred level of income tax (and resulting benefits) without knowing what their actual income would be but facing different prospects. For one, this approach allows focusing on the impact of ex-ante inequality (inequality of opportunity) on the support for welfare state. Besides, "grand" (or programmatic) redistribution is a long-run phenomenon (see [Dixit and Londregan, 1996]), it is thus natural to assume that voters have only more or less accurate predictions about the income of their families over the whole period during which a policy is effective. In line with above-mentioned results from the field studies, we confirm the Luck vs. Skill hypothesis (transfer choices are higher when pure luck rather than performance in a task determines the outcomes) and find no support for the Divergent Chances Hypothesis We conclude that perception of fairness of the process determining income is an independent source of support for redistribution, not merely an epiphenomenona. More generally, we find strong impact of own prospect of winning but also of risk aversion and inequality aversion on the transfer choices. The design of the experiment is presented in Section 2, Section 3 reports the results, Section 4 contains a discussion of the results, in relation to some other experimental evidence. (fragment of text)
Dostępne w
Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie
Biblioteka Szkoły Głównej Handlowej
Biblioteka Główna Uniwersytetu Ekonomicznego w Poznaniu
Biblioteka Główna Uniwersytetu Ekonomicznego we Wrocławiu
Pełny tekst
  1. Alesina, A. and Glaeser, E. L., 2004, Fighting Poverty in the US and Europe: A World of Difference, Oxford: Oxford University Press.
  2. Alesina, A. and E. La Ferrara, 2005, "Preferences for Redistribution in the Land ofOpportunities", American Economic Review, 89 (5-6): p. 897-931.
  3. Alesina, A., R. Di Tella and R. MacCulloch, 2004, "Inequality and Happiness: Are Europeans and Americans Different?", Journal of Public Economics, 88: p. 2009-2042.
  4. Allgood, S. and A. Snow, 1998, "The Marginal Cost of Raising Tax Revenue and Redistributing Income", Journal of Political Economy, vol. 106 (6): p. 1246-1273.
  5. Becker, G. S. and C. B. Mulligan, 2003, "Deadweight Costs and the Size of Government", Journal of Law and Economics, 46 (2): p. 293-340.
  6. Browning, Edgar K., 1993, "The marginal cost of redistribution", Public Finance Quarterly, 21: p. 3-32.
  7. Benabou, R. and Ok, A., 2001, "Social Mobility and the Demand for Redistribution: the POUM Hypothesis", Quarterly Journal of Economics, p. 447-487.
  8. Corneo, G. and H. P. Grüner, 2002, "Individual preferences for political redistribution", Journal of Public Economics, 83: p. 83-107.
  9. Crutzen, B. and N. Sahuguet, 2007, "Tactical Redistribution with Distortionary Taxation", submitted to theJournal of Economic Theory.
  10. Dixit, A. and J. Londregan, 1996, "The determinants of success of special interests inredistributive politics", Journal of Politics, 58: p. 1132-1155.
  11. Durante, R. and L. Putterman, 2007, Preferences for Redistribution and Perception of Fairness: An Experimental Study, Working Paper.
  12. Fehr, E. and K. Schmidt, 1999, "A theory of Fairness, Competition, and Cooperation", Quarterly Journal of Economics, 114, p. 817-868.
  13. Fischbacher, U., 2007, "z-Tree: Zurich Toolbox for Ready-made Economic Experiments", Experimental Economics, 10 (2): p. 171-178.
  14. Fong, C., 2001, "Social Preferences, Self-Interest and the Demand for Redistribution", Journal of Public Economics, 82 (2): p. 225-246.
  15. Hörisch, H., 2007, Is the veil of ignorance only a concept about risk? An experiment, Working Paper.
  16. Meltzer, A. and S. Richards, 1981, "A Rational Theory of the Size of Government", Journal of Political Economics, 89: p. 914-27.
  17. Piketty, T., 1995, "Social mobility and redistributive politics", Quarterly Journal of Economics, 110 (3): p. 551-584.
  18. Trautmann, S., 2006, "A Procedural Extension of the Fehr-Schmidt Model of Inequality Aversion", MPhil Thesis, Tinbergen Institute.
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