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Altruism and Fairness in a Public Pension System

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Author Info
Heijden, E.C.M. van der
Nelissen, J.H.M.
Verbon, H.A.A. (Tilburg University, Center for Economic Research)

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Abstract

In this paper it is empirically investigated whether feelings of altruism towards members of other generations and senses of justice have an impact on the individual s evaluation of the public pension system. The data have been obtained from a large-scale survey carried out among a representative sample of the Dutch population in January 1994. The main topic of the questionnaire is the evaluation of changes in the pension system that have varying income effects for different generations. We find that young and middle-aged people indeed seem to be affected by feelings of altruism and fairness whereas the elderly appear to be non-altruistic.

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Publisher Info
Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 37.

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Date of creation: 1995
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Handle: RePEc:dgr:kubcen:199537

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Find related papers by JEL classification:
D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions

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  1. Burrows, Paul & Loomes, Graham, 1994. "The Impact of Fairness on Bargaining Behaviour," Empirical Economics, Springer, vol. 19(2), pages 201-21.
  2. Fehr, Ernst & Kirchsteiger, George & Riedl, Arno, 1993. "Does Fairness Prevent Market Clearing? An Experimental Investigation," The Quarterly Journal of Economics, MIT Press, vol. 108(2), pages 437-59, May. [Downloadable!] (restricted)
  3. Veall, Michael R., 1986. "Public pensions as optimal social contracts," Journal of Public Economics, Elsevier, vol. 31(2), pages 237-251, November. [Downloadable!] (restricted)
  4. Kahneman, Daniel & Knetsch, Jack L & Thaler, Richard H, 1986. "Fairness and the Assumptions of Economics," Journal of Business, University of Chicago Press, vol. 59(4), pages S285-300, October. [Downloadable!] (restricted)
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  1. Heijden, E. van der & Nelissen, J. & Potters, J. & Verbon, H., 1995. "Transfers and reciprocity in overlapping generations experiments," Discussion Paper 110, Tilburg University, Center for Economic Research. [Downloadable!]
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