On choosing a constitution (at least the part relating to the distribution of income)

Autor:	John D. Hey, Carmen Pasca
Rok vydání:	2011
Předmět:	Economics and Econometrics Order (business) Constitution business.industry media_common.quotation_subject Invocation Economics Distribution (economics) business Mathematical economics Axiom Epistemology media_common
Zdroj:	Applied Economics Letters. 18:1213-1217
ISSN:	1466-4291 1350-4851
DOI:	10.1080/13504851.2010.532093
Popis:	A constitution is a collection of principles or axioms determining how society should be organized and a description of the ordering of the axioms in terms of their importance and invocation. We report on an exploratory experiment aimed at discovering preferred axioms relating to the distribution of income within society. Unlike most previous experiments, we inquired directly into preferred axioms, rather than indirectly (done by asking subjects to choose between distributions). In addition to learning that the experimental design was, in principle, appropriate, we discovered that preferences expressed in this direct way appear to differ from preferences expressed indirectly. Interestingly, we also get an insight into the order in which people prefer principles to be implemented, thus suggesting something about relative importance.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::73320dfdbf3e75f53074236e7b202ca0 https://doi.org/10.1080/13504851.2010.532093 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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