Fairness and Redistribution

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چکیده

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Fairness and Redistribution: Reply

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Fairness and Redistribution

Different beliefs about the fairness of social competition and what determines income inequality influence the redistributive policy chosen in a society. But the composition of income in equilibrium depends on tax policies. We show how the interaction between social beliefs and welfare policies may lead to multiple equilibria or multiple steady states. If a society believes that individual effo...

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A note on Fairness and Redistribution

We note some problems in Alesina and Angeletos (2005) and suggest a way to maintain the key insight of that paper, which is that a demand for fairness could lead to di¤erent economic systems such as those observed in France versus the US (multiple equilibria). JEL classi…cation: D31, E62, H2, P16.

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Fairness and Welfare Through Redistribution When Utility Is Transferable

We join the goals of two giant and related fields of research in group decision-making that have historically had little contact: fair division, and efficient mechanism design with monetary payments. To do this we adopt the standard mechanism design paradigm where utility is assumed to be quasilinear and thus transferable across agents. We generalize the traditional binary criteria of envy-free...

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Document De Travail Redistribution and the Cultural Transmission of the Taste for Fairness Redistribution and the Cultural Transmission of the Taste for Fairness

Departing from mainstream economics, surveys …rst show that individuals do care about fairness in their demand for redistribution. They also show that the cultural environment in which individuals grow up a¤ects their preferences about redistribution. Including these two components of the demand for redistribution, we propose in this article a mechanism of cultural transmission of the taste for...

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ژورنال

عنوان ژورنال: American Economic Review

سال: 2005

ISSN: 0002-8282

DOI: 10.1257/0002828054825655