Stated and revealed inequality aversion in three subject pools

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 i...

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Main Authors: Beranek, Benjamin, Cubitt, Robin P., Gaechter, Simon
Format: Article
Published: Springer 2015
Subjects:
Online Access:https://eprints.nottingham.ac.uk/30092/
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author Beranek, Benjamin
Cubitt, Robin P.
Gaechter, Simon
author_facet Beranek, Benjamin
Cubitt, Robin P.
Gaechter, Simon
author_sort Beranek, Benjamin
building Nottingham Research Data Repository
collection Online Access
description 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.
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spelling nottingham-300922020-05-04T20:09:07Z https://eprints.nottingham.ac.uk/30092/ Stated and revealed inequality aversion in three subject pools Beranek, Benjamin Cubitt, Robin P. Gaechter, Simon 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. Springer 2015-04 Article PeerReviewed Beranek, Benjamin, Cubitt, Robin P. and Gaechter, Simon (2015) Stated and revealed inequality aversion in three subject pools. Journal of the Economic Science Association, 1 (1). pp. 43-58. ISSN 2199-6776 inequality aversion replication revealed and stated preferences robustness across subject pools MTurk. http://link.springer.com/article/10.1007%2Fs40881-015-0007-1 doi:10.1007/s40881-015-0007-1 doi:10.1007/s40881-015-0007-1
spellingShingle inequality aversion
replication
revealed and stated preferences
robustness across subject pools
MTurk.
Beranek, Benjamin
Cubitt, Robin P.
Gaechter, Simon
Stated and revealed inequality aversion in three subject pools
title Stated and revealed inequality aversion in three subject pools
title_full Stated and revealed inequality aversion in three subject pools
title_fullStr Stated and revealed inequality aversion in three subject pools
title_full_unstemmed Stated and revealed inequality aversion in three subject pools
title_short Stated and revealed inequality aversion in three subject pools
title_sort stated and revealed inequality aversion in three subject pools
topic inequality aversion
replication
revealed and stated preferences
robustness across subject pools
MTurk.
url https://eprints.nottingham.ac.uk/30092/
https://eprints.nottingham.ac.uk/30092/
https://eprints.nottingham.ac.uk/30092/