INVESTIGADORES
CRUCES Guillermo Antonio
artículos
Título:
Perceptions of Inequality and Risk
Autor/es:
FRANK COWELL; GUILLERMO CRUCES
Revista:
Research on Economic Inequality
Editorial:
Elsevier
Referencias:
Lugar: Amsterdam; Año: 2004 vol. 12 p. 97 - 133
ISSN:
1049-2585
Resumen:
This paper analyses the principles underlying the theories of risk and inequality, and the connections between the two. Using two experimental designs, we investigate the structure of individuals rankings of uncertain prospects in terms of risk and inequality. We examine these individual perceptions in the light of the conventional principles underlying risk and inequality. We show that, although the principle of mean-preserving spreads and the principle of transfers are often rejected a weaker principle, lowest-to-highest is usually supported.
