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  • 标题:Preference Reversals and the Analysis of Income Distributions
  • 本地全文:下载
  • 作者:Yoram Amiel ; Frank A Cowell ; Leima Davidovitz
  • 期刊名称:Japanese Studies Programme Papers
  • 出版年度:2003
  • 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 highincome 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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