Social Welfare and Individual Preferences under Uncertainty: A Questionnaire-Experimental Approach

Yoram Amiel and Frank Cowell

A chapter in Inequality and Poverty, 2007, pp 345-362 from Emerald Group Publishing Limited

Abstract: We examine individuals' distributional orderings in situations involving (a) comparisons of social welfare and (b) choice under uncertainty. There is a special focus on whether these orderings satisfy the principle of transfers (the principle of mean-preserving spreads). The results are compared with those of earlier work that was conducted in the context of inequality and of risk.

Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:eme:reinzz:s1049-2585(06)14016-8

DOI: 10.1016/S1049-2585(06)14016-8

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