Choosing from Behind a Veil of Ignorance in India

Fredrik Carlsson (), Gautam Gupta and Olof Johansson-Stenman ()
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Gautam Gupta: Department of Economics, Jadavpur University,, Postal: Kolkata-700 032, India

No 72, Working Papers in Economics from Göteborg University, Department of Economics

Abstract: Social inequality aversion is measured through a veil-of-ignorance experiment with Indian students. The median relative risk aversion is found to be quite high, about 3, and independent caste.

Keywords: Veil of ignorance; inequality aversion; risk aversion; caste (search for similar items in EconPapers)
JEL-codes: C91 D63 (search for similar items in EconPapers)
Date: 2002-06-07
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Published in Applied Economics Letters, 2003, pages 825-827.

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Journal Article: Choosing from behind a veil of ignorance in India (2003)
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