Are Elites Meritocratic and Efficiency-Seeking? Evidence from MBA Students

Marcel Preuss, Germ\'an Reyes, Jason Somerville and Joy Wu

Papers from arXiv.org

Abstract: Elites disproportionately influence policymaking, yet little is known about their fairness and efficiency preferences -- key determinants of support for redistributive policies. We investigate these preferences using an incentivized lab experiment with a group of future elites -- Ivy League MBA students. We find that elites implement more unequal earnings distributions than the average American, are highly sensitive to both merit-based inequality and efficiency costs of redistribution, and are less likely to hold strict meritocratic views. These findings provide novel insights into how elites' redistributive preferences may shape high levels of inequality and limited redistributive policy in the United States.

Date: 2025-03
References: Add references at CitEc
Citations:

Downloads: (external link)
http://arxiv.org/pdf/2503.15443 Latest version (application/pdf)

Related works:
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:arx:papers:2503.15443

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().