October 28, 2010

Question: Income Distribution

Posted in Behaviour at 21:43 by graham

Perform the following thought experiment. Remove yourself for a moment from your present socioeconomic circumstances and imagine that you are to be replaced randomly into society at any class level. Now, before you know your particular place in society you are told that it is within your powers to redistribute the wealth of that society in any way that you choose. What distribution would you choose?

Read more on Dan Ariely’s blog

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