Preferences over Income Distributions

Dirk Engelmann and Martin Strobel

Public Finance Review, 2007, vol. 35, issue 2, 285-310

Abstract: Preferences over income distribution are the basis for a variety of models that aim at explaining results in economic experiments. The direct evidence concerning these preferences, however, is limited to a relatively small set of games. The authors discuss crucial evidence, including that from a recent large-scale Internet experiment and the different models' performance. It appears that subjects are highly heterogeneous and that the relative impact of different motives depends on a variety of factors. The authors present a general model that can help as a starting point for measuring distributional preferences.

Keywords: income distribution; Internet experiments; experimental economics; social preferences (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (28)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:35:y:2007:i:2:p:285-310

DOI: 10.1177/1091142106294713

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