Are Teams Less Inequality Averse than Individuals?

Does less inequality among households mean less inequality among individuals?

Consider an income distribution among households of the same size and suppose that the individuals, equally needy from the point of view of an ethical observer, are treated unfairly within each household. We look for conditions under which welfare and inequality quasi-orders are preserved from the household level at the individual one. A necessary and sufficient condition for the Generalized Lo...

Are People Inequality-Averse, or Just Risk-Averse?

Individuals’ preferences for risk and inequality are measured through choices between imagined societies and lotteries. The median relative risk aversion, which is often seen to reflect social inequality aversion, is between 2 and 3. Most people are also found to be individually inequality-averse, reflecting a willingness to pay for living in a more equal society. Left-wing voters and women are...

Are smarter people really less risk averse ?

Using hypothetical lottery choices to measure risk preferences, Frederick (2005) finds that higher cognitive ability is associated with less risk aversion. This paper documents, however, that when using an incentive compatible measure of risk preference, attitudes towards risk are not associated to cognitive ability as measured by Frederick’s (2005) three-item cognitive reflection test. This is...

Unfaithful individuals are less likely to practice safer sex than openly nonmonogamous individuals.

INTRODUCTION Given the prevalence and harm of sexually transmitted infections (STIs), there is a need to examine safer sex strategies in the context of romantic relationships and extradyadic sexual encounters. Sexual infidelity is associated with a variety of detrimental psychosocial outcomes; however, little research has addressed the sexual health ramifications of sexually unfaithful partners...

Are Women Really More Risk-Averse than Men?