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Stated and Revealed Inequality Aversion in Three Subject Pools

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  • Beranek, Benjamin

    () (University of Nottingham)

  • Cubitt, Robin

    () (University of Nottingham)

  • Gächter, Simon

    () (University of Nottingham)

Abstract

This paper reports data from three subject pools (n=717 subjects) using techniques based on those of Loewenstein, et al. (1989) and Blanco, et al. (2011) to obtain parameters, respectively, of stated and revealed inequality aversion. We provide a replication opportunity for those papers, with two innovations: (i) a design which allows stated and revealed preferences to be compared at the individual level; (ii) assessment of robustness of findings across subjects from a UK university, a Turkish university and Amazon Mechanical Turk. Our findings on stated aversion to inequality are qualitatively similar to those of Loewenstein, et al. in each of our subject pools, whereas there are notable differences between some of our findings on revealed preference and those of Blanco, et al. We find that revealed advantageous inequality aversion is often stronger than revealed dis-advantageous inequality aversion. In most subject pools, we find some (weak) correlation between corresponding parameters of stated and revealed inequality aversion.

Suggested Citation

  • Beranek, Benjamin & Cubitt, Robin & Gächter, Simon, 2015. "Stated and Revealed Inequality Aversion in Three Subject Pools," IZA Discussion Papers 8954, Institute of Labor Economics (IZA).
  • Handle: RePEc:iza:izadps:dp8954
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    4. Andersson, Ola & Ingebretsen Carlson, Jim & Wengström, Erik, 2016. "Differences Attract: An Experimental Study of Focusing in Economic Choice," Working Papers 2016:15, Lund University, Department of Economics.
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    7. Aurélie Bonein & Cécile Bazart, 2017. "The Strength of the Symbol: Are we Willing to Punish Evaders ?," Working Papers 17-02, LAMETA, Universtiy of Montpellier.
    8. He, Haoran & Villeval, Marie Claire, 2017. "Are group members less inequality averse than individual decision makers?," Journal of Economic Behavior & Organization, Elsevier, vol. 138(C), pages 111-124.
    9. repec:spr:jhappi:v:19:y:2018:i:2:d:10.1007_s10902-016-9828-8 is not listed on IDEAS
    10. Bernard, Kévin & Bonein, Aurélie & Bougherara, Douadia, 2016. "Community Supported Agriculture and Preferences for Risk and Fairness," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 234904, Agricultural and Applied Economics Association.
    11. Rudolf Kerschbamer & Daniel Muller, 2017. "Social preferences and political attitudes: An online experiment on a large heterogeneous sample," Working Papers 2017-16, Faculty of Economics and Statistics, University of Innsbruck.

    More about this item

    Keywords

    inequality aversion; replication; revealed and stated preferences; robustness across subject pools; MTurk;

    JEL classification:

    • C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General

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