Income Inequality, Redistribution and Poverty: Contrasting rational choice and behavioural perspectives
AbstractBased on the standard axiom of individual utility maximization, rational choice has postulated that higher income inequality translates into greater redistribution by shaping the median voter?s preferences. While numerous papers have tested this propositi
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Bibliographic InfoPaper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number UNU-WIDER Research Paper WP2012/44.
Date of creation: 2012
Date of revision:
income distribution; redistribution; median voter theorem; behavioural economics;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-07-01 (All new papers)
- NEP-HME-2012-07-01 (Heterodox Microeconomics)
- NEP-HPE-2012-07-01 (History & Philosophy of Economics)
- NEP-LTV-2012-07-01 (Unemployment, Inequality & Poverty)
- NEP-PBE-2012-07-01 (Public Economics)
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