Replication data for: Just Luck: An Experimental Study of Risk-Taking and Fairness
Principal Investigator(s): View help for Principal Investigator(s) Alexander W. Cappelen; James Konow; Erik Ø. Sørensen; Bertil Tungodden
Version: View help for Version V1
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Project Citation:
Cappelen, Alexander W., Konow, James, Sørensen, Erik Ø., and Tungodden, Bertil. Replication data for: Just Luck: An Experimental Study of Risk-Taking and Fairness. Nashville, TN: American Economic Association [publisher], 2013. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112648V1
Project Description
Summary:
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Choices involving risk significantly affect the distribution of income
and wealth in society. This paper reports the results of the first
experiment, to our knowledge, to study fairness views about risktaking,
specifically whether such views are based chiefly on ex ante
opportunities or on ex post outcomes. We find that, even though
many participants focus exclusively on ex ante opportunities, most
favor some redistribution ex post. Many participants also make
a distinction between ex post inequalities that reflect differences
in luck and ex post inequalities that reflect differences in choices.
These findings apply to both stakeholders and impartial spectators.
Scope of Project
JEL Classification:
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D63 Equity, Justice, Inequality, and Other Normative Criteria and Measurement
D81 Criteria for Decision-Making under Risk and Uncertainty
H23 Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
D63 Equity, Justice, Inequality, and Other Normative Criteria and Measurement
D81 Criteria for Decision-Making under Risk and Uncertainty
H23 Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
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