出版社：Suntory Toyota International Centres for Economics and Related Disciplines
摘要：It is known from the literature on uncertainty that in cases where individuals express a preference for a high win-probability bet over a bet with high winnings they nevertheless will bid more to obtain the bet with high winnings. We investigate whether a similar phenomenon applies in the parallel social-choice situation. Here decisions are to be made between a distribution with a small group of very high-income people. Results from a number of experimental designs are analysed.
关键词：preference reversals ; social welfare ; inequality ; risk and experiments.
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