Abstract
In this thesis I directly compare how well two social preference models, inequality aversion and rankstatus,account for individual decision-making. Across three empirical studies, the first stream ofstudies differentiates stated preferences in several characteristics including income, attractiveness,intelligence and vacation time. The second stream comprises of two studies in which participantsdirectly distribute financial resources. The results consistently find that the model of inequalityaversion best accounts for the behaviour of most people in both stated preference and directdistribution. Overwhelmingly, people value equality, and are even willing to make small sacrifices toachieve a more equitable world.
Original language | English |
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Qualification | Doctor of Philosophy |
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Award date | 24 Feb 2023 |
DOIs | |
Publication status | Unpublished - 2023 |