Inequality aversion versus risk aversion

Economica

Volumn 70, Issue 277, 2003, Pages 19-29

  Kroll, Yoram ^a,b,c   Davidovitz, Liema ^a,b  

^a HEBREW UNIVERSITY OF JERUSALEM   (Israel)

^b Ruppin Institute   (Israel)

^c CITY UNIVERSITY OF NEW YORK   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

ECONOMIC THEORY; INCOME DISTRIBUTION; METHODOLOGY; RISK FACTOR;

EID: 0037319893     PISSN: 00130427     EISSN: None     Source Type: Journal    
DOI: 10.1111/1468-0335.t01-1-00269     Document Type: Article

References (21)

1. AMIEL, Y. and COWELL, F. A. (1992). Measurement of income inequality: experimental test by questionnaire. Journal of Public Economics, 40, 3-26.
2. AMIEL, Y. and COWELL, F. A. (1994). Income inequality and social welfare. In J. Creedy (ed.), Taxation, Poverty and Income Distribution. Cheltenham: Edward Elgar, pp. 193-219.
3. AMIEL, Y. and COWELL, F. A. (1999). Thinking about Inequality. Cambridge: Cambridge University Press.
4. AMIEL, Y. CREEDY, J. and HURN, S. (1996). Measuring inequality aversion. University of Melbourne, Research Paper no. 507.
5. ATKINSON, A. B. (1970). On the measurement of inequality. Journal of Economic Theory, 2, 244-63.
6. BAIGENT, N. and GAERTNER, W. (1996). Never choose the uniquely largest: a characterization. Economic Theory, 8, 239-249.
7. BEN-HORIN, M. and LEVY, H. (1984). Decisions and Applications in Business and Economics. New York: Random House.
8. GLEJSER, H., GEVERS, L., LAMBOT, P. and MORALES, J. A. (1977). An econometric study of the variables determining inequality aversion among students. European Economic Review, 10, 173-88.
9. HANOCH, G. and LEVY, H. (1969). The efficiency analysis of choices involving risk. Review of Economic Studies, 36, 33-46.
10. KACHELMEIER, S. J. and SHEHATA, M. (1992). Examining risk preferences under high monetary incentives: experimental evidence from the People's Republic of China. American Economic Review, 82, 1120-41.
11. KOLM, S.-CH. (1969). The optimal production of social justice. In J. Margolis and H. Guitton (eds.), Public Economics, London: Macmillan.
12. KROLL, Y., LEVY, H. and RAPAPORT, A. (1988). Experimental tests of the separation theorem and the capital asset pricing model. American Economic Review, 78, 500-519.
13. KROLL, Y., DAVIDOVITZ, L. and YASSOUR, Y. (1996). Risk taking and altruism. Kibbutz Trends, Spring.
14. MCKERLIE, D. (1996). Equality. Ethics, 106, 274-96.
15. MILLER, D. (1995). Distributive justice: what the people think. Ethics, 102, 555-93.
16. PFINGSTEN, A. (1988). Empirical investigation of inequality concept: a method and first results. Working Paper, Karlsruhe University.
17. RAWLS, J. (1971). A Theory of Justice, Cambridge, Mass.: Harvard University Press.
18. ROTHSCHILD, M. and STIGLITZ, J. E. (1970). Increasing risk: a definition and its economic consequences. Journal of Economic Theory, 2, 225-43.
19. RUNCIMAN, W. G. (1966). Relative Deprivation and Social Justice. London: Routledge & Kegan Paul.
20. SEN, A. (1993). Internal consistency of choice. Econometrica, 61, 495-521.
21. TEMKIN, L. S. (1993). Equality, New York: Oxford University Press.