Inequality Aversion And Risk Aversion-Carlsson
#notesFromPaper Year : Tags : Authors: Carlsson Daruvala Stenman
They looked at both risk aversion and inequality-aversion. Their questionnaire was quite complicated, but in summary, it asked:
What kind of society would you like your grandchild to grow up in? One that is inequal, but has a higher mean, or one that is more equal, but has a lower mean.
