Social Preferences under Risk: Equality of Opportunity versus Equality of Outcome

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Social Preferences under Risk: Equality of Opportunity versus Equality of Outcome

X and Y are brothers who like to share everything, whenever possible. They are also both huge fans of football. One day, X finds an envelope in the park that contains just one ticket to the next Super Bowl. X agonizes over whether to (i) attend the game secretly, which would make him feel guilty; or (ii) tell his brother about it and suggest they flip a coin to decide who gets to go. From an ex...

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ژورنال

عنوان ژورنال: American Economic Review

سال: 2013

ISSN: 0002-8282

DOI: 10.1257/aer.103.7.3084