A little fairness may induce a lot of redistribution in democracy |
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Authors: | Jean-Robert Tyran |
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Institution: | a Institute of Economics, University of Copenhagen, Studiestraede 6, DK-1455 Copenhagen, Denmark b Department of Public Economics, University of Innsbruck, Universitätsstr. 15, A-6020 Innsbruck, Austria |
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Abstract: | We use a model of self-centered inequality aversion suggested by Fehr and Schmidt (Quart. J. Econom. 114 (3) (1999) 817) to study voting on redistribution. We theoretically identify two classes of conditions when an empirically plausible amount of fairness preferences induces redistribution through referenda. We test the predictions of the adapted inequality aversion model in a simple redistribution experiment and find that it predicts voting outcomes far better than the standard model of voting assuming rationality and strict self-interest. |
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Keywords: | D31 D63 D72 |
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