Yoram Amiel

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According to standard theory founded on Harsanyi (1953, 1955) a social welfare function can be appropriately based on the individual's approach to choice under uncertainty. We investigate whether people really do rank distributions according to the same principles irrespective of whether the comparison involves money payoffs in a risky situation or the(More)
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It is known from the literature on uncertainty that in cases where individuals express a preference for a high win-probability bet over a bet with high winnings they nevertheless will bid more to obtain the bet with high winnings. We investigate whether a similar phenomenon applies in the parallel social-choice situation. Here decisions are to be made(More)
All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including  notice, is given to the source. Abstract We examine the relationship between risk analysis and inequality analysis, using a questionnaire-experimental approach .The experiments focus on the effect of(More)
Is there a trade-o between people's preference for income equality and income mobility? Testing for the existence of such a trade-o is dicult because mobility is a multifaceted concept. We analyse results from a questionnaire experiment based on simple precise concepts of income inequality and income mobility. We nd no direct trade-o in preference between(More)
This article provides a brief overview of the key issues in inequality measurement and has been prepared for inclusion in the second edition of The New Palgrave. who made helpful comments on an earlier draft. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is(More)