Stated and Revealed Inequality Aversion in Three Subject Pools

Benjamin Beranek, Robin Cubitt and Simon Gächter

No 8954, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper reports data from three subject pools (n=717 subjects) using techniques based on those of Loewenstein, et al. (1989) and Blanco, et al. (2011) to obtain parameters, respectively, of stated and revealed inequality aversion. We provide a replication opportunity for those papers, with two innovations: (i) a design which allows stated and revealed preferences to be compared at the individual level; (ii) assessment of robustness of findings across subjects from a UK university, a Turkish university and Amazon Mechanical Turk. Our findings on stated aversion to inequality are qualitatively similar to those of Loewenstein, et al. in each of our subject pools, whereas there are notable differences between some of our findings on revealed preference and those of Blanco, et al. We find that revealed advantageous inequality aversion is often stronger than revealed dis-advantageous inequality aversion. In most subject pools, we find some (weak) correlation between corresponding parameters of stated and revealed inequality aversion.

Keywords: revealed and stated preferences; replication; inequality aversion; robustness across subject pools; MTurk (search for similar items in EconPapers)
JEL-codes: C90 (search for similar items in EconPapers)
Pages: 68 pages
Date: 2015-03
New Economics Papers: this item is included in nep-ltv and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (38)

Published - published in: Journal of the Economic Science Association, 2015, 1 (1), 43-58

Downloads: (external link)
https://docs.iza.org/dp8954.pdf (application/pdf)

Related works:
Journal Article: Stated and revealed inequality aversion in three subject pools (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp8954

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().