Voting on Tax Policy Design
The authors build on the work of Engelmann and Strobel and of Ackert, Martinez-Vazquez, and Rider to examine the potential role of social preferences in tax policy design. They randomly assign each participant in a session to a group with five members. The payoffs to participants are determined by majority vote of the participants in a given group. The authors randomly assign each participant a pretax income that remains the same throughout the experiment to control for the potential confounding effect of risk-pooling equilibria. On the basis of statistical analysis of the data generated by these experiments, they find support for the hypothesis that the minimax preferences of Rawls or the inequality aversion model of Fehr and Schmidt help explain individual choices over alternative tax structures.
When requesting a correction, please mention this item's handle: RePEc:sae:pubfin:v:35:y:2007:i:2:p:263-284. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (SAGE Publishing)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.