Are people inequality‐averse, or just risk‐averse?
… risk and inequality aversion, we conduct two separate experiments. In the risk aversion
experiment the degree of inequality … , whereas in the inequality aversion experiment the income …
experiment the degree of inequality … , whereas in the inequality aversion experiment the income …
Inequality aversion versus risk aversion
Y Kroll, L Davidovitz - Economica, 2003 - Wiley Online Library
… Conceptually, we define inequality aversion not as a preference for the more equal … in the
level of risk), but as a response to an increase in perceived inequality among participants in the …
level of risk), but as a response to an increase in perceived inequality among participants in the …
Inequality aversion and risk aversion
CP Chambers - Journal of Economic Theory, 2012 - Elsevier
… the more inequality averse a social … risk-averse individual’s preferences. Using this naive
intuition, we could conclude that more inequality averse societies would be more risk averse. …
intuition, we could conclude that more inequality averse societies would be more risk averse. …
Choices in egalitarian distribution: Inequality aversion versus risk aversion
Y Kroll, L Davidovitz - 1999 - eprints.lse.ac.uk
… inequality averter as well as a risk averter. In order to distinguish clearly between the two
distinct concepts of inequality aversion and risk aversion … inequality aversion from risk aversion. …
distinct concepts of inequality aversion and risk aversion … inequality aversion from risk aversion. …
Inequality aversion and risk attitudes
A Ferrer-i-Carbonell, X Ramos - 2010 - papers.ssrn.com
… risk and inequality aversion. This is, we find that more risk averse individuals also are more
inequality averse… However, our results also show that risk and inequality aversion are clearly …
inequality averse… However, our results also show that risk and inequality aversion are clearly …
Cultural capital or relative risk aversion? Two mechanisms for educational inequality compared1
HG Van de Werfhorst, S Hofstede - The British journal of …, 2007 - Wiley Online Library
… mechanisms for educational inequality: cultural reproduction and relative risk aversion, using
… Relative risk aversion theory argues that educational inequalities can be understood by …
… Relative risk aversion theory argues that educational inequalities can be understood by …
Priority setting in health care: disentangling risk aversion from inequality aversion
L Echazu, D Nocetti - Health Economics, 2013 - Wiley Online Library
… :media:hec2858:hec2858-math-0015 That is, our decision maker is ambiguity averse if
his degree of inequality aversion is stronger than his degree of risk aversion, I a > R a .8 …
his degree of inequality aversion is stronger than his degree of risk aversion, I a > R a .8 …
The presence of a social context increases support for redistribution: Inequality aversion and risk aversion
J Kato, H Takesue - International Political Science Review, 2024 - journals.sagepub.com
… between other-regarding inequality aversion and self-interested risk aversion. A controlled
… This analysis corroborates the importance of other-regarding inequality aversion in forming …
… This analysis corroborates the importance of other-regarding inequality aversion in forming …
Does relative risk aversion explain educational inequality? A dynamic choice approach
… Building on the idea of risk aversion, these studies analyze if parents or students’ risk aversion
or opinions regarding the importance of preserving social status across generations affect …
or opinions regarding the importance of preserving social status across generations affect …
The origin of risk aversion
R Zhang, TJ Brennan, AW Lo - Proceedings of the National …, 2014 - National Acad Sciences
… focus on the origin of utility and risk aversion. We show … risk aversion emerges as a
consequence of systematic risk and that risk neutrality emerges as a consequence of idiosyncratic …
consequence of systematic risk and that risk neutrality emerges as a consequence of idiosyncratic …
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