Risk perceptions, income transformations and inequality

被引:10
作者
Amiel, Y
Cowell, FA
Polovin, A
机构
[1] Univ London London Sch Econ & Polit Sci, STICERD, London WC2A 2AE, England
[2] Ruppin Inst, IL-40250 Emek Hefer, Israel
关键词
risk; inequality; income transformations;
D O I
10.1016/S0014-2921(01)00118-0
中图分类号
F [经济];
学科分类号
02 ;
摘要
We examine the relationship between perceptions of risk and income levels by exploiting the formal relationship between risk analysis and inequality analysis. Using a questionnaire-experimental approach, we investigate the effect of income transformations on people's orderings of distributions. We find that, while Dalton's conjecture is confirmed for probability distributions, the corresponding result is not confirmed for income distributions. (C) 2001 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:964 / 976
页数:13
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