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Altruism, Fairness and Public Pensions: An Investigation of Survey and Experimental Data

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  • Heijden, E.C.M. van der

    (Tilburg University)

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    Abstract

    Abstract: It is often argued that the maintenance of pension systems is threatened by the ageing of the population. In spite of this, public pension systems still seem to enjoy broad popular support in most western countries. This thesis empirically investigates where this support comes from and it derives its determining factors. First, using survey data from a representative sample of the Dutch population, the possible impact of considerations of altruism and fairness is studied. The results suggest that social considerations affect individuals' utility. Second, several related economic experiments have been conducted to study whether and under what circumstances voluntary transfer systems can be established. It turns out that under some conditions reasonable levels of voluntary transfers can occur, which may imply a generic willingness to contribute. It is argued that in spite of the ageing process, public pension systems may survive

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    Bibliographic Info

    Paper provided by Tilburg University in its series Open Access publications from Tilburg University with number urn:nbn:nl:ui:12-73590.

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    Length: 192
    Date of creation: 1996
    Date of revision:
    Publication status: Published
    Handle: RePEc:ner:tilbur:urn:nbn:nl:ui:12-73590

    Note: Dissertation
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    Web page: http://www.tilburguniversity.edu/

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    1. V. Prasnikar & A. Roth, 1998. "Considerations of fairness and strategy: experimental data from sequential games," Levine's Working Paper Archive 451, David K. Levine.
    2. Piron, Robert & Fernandez, Luis, 1995. "Are fairness constraints on profit-seeking important?," Journal of Economic Psychology, Elsevier, vol. 16(1), pages 73-96, March.
    3. Sinha, Tapen, 1994. "Prospect theory and the risk return association: Another look," Journal of Economic Behavior & Organization, Elsevier, vol. 24(2), pages 225-231, July.
    4. Selten, Reinhard & Stoecker, Rolf, 1986. "End behavior in sequences of finite Prisoner's Dilemma supergames A learning theory approach," Journal of Economic Behavior & Organization, Elsevier, vol. 7(1), pages 47-70, March.
    5. Seidl, Christian, 1994. "How sensible is the Leyden individual welfare function of income?," European Economic Review, Elsevier, vol. 38(8), pages 1633-1659, October.
    6. van der Sar, Nico L. & van Praag, Bernard M. S., 1993. "The evaluation question approach: A method of measuring attitudes," Journal of Economic Psychology, Elsevier, vol. 14(1), pages 183-201, March.
    7. Xavier Sala-i-Martin, 1995. "A positive theory of social security," Economics Working Papers 108, Department of Economics and Business, Universitat Pompeu Fabra.
    8. Palfrey, Thomas R. & Rosenthal, Howard, 1988. "Private incentives in social dilemmas : The effects of incomplete information and altruism," Journal of Public Economics, Elsevier, vol. 35(3), pages 309-332, April.
    9. Veall, Michael R., 1986. "Public pensions as optimal social contracts," Journal of Public Economics, Elsevier, vol. 31(2), pages 237-251, November.
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    Cited by:
    1. Heijden, E.C.M. van der & Nelissen, J.H.M. & Verbon, H.A.A., 1997. "Altruism and fairness in a public pension system," Open Access publications from Tilburg University urn:nbn:nl:ui:12-74782, Tilburg University.

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