Distributional Preference in Japan
Keigo Kameda and
Miho Sato
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Miho Sato: Kwansei Gakuin University
The Japanese Economic Review, 2017, vol. 68, issue 3, No 7, 394-408
Abstract:
Abstract Using experiments developed by Engelmann and Strobel (2004), this study investigates distributional preference in Japan. We find that just over half the people in the study have a maximin preference, approximately 7 to 19% have an efficiency preference, approximately 8% have a self-interest preference, and approximately 18% chose the allocation that would reduce the payoff to the rich and the poor, given that her/his payoff would remain constant. The last preference could be interpreted as what is referred to as “malice”, “deep envy” or a “feeling of vulnerability” in behavioural economics and cross-cultural psychology.
Keywords: D31; D63; H61 (search for similar items in EconPapers)
Date: 2017
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DOI: 10.1111/jere.12112
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