The Price of Fairness: Experimental Evidence on the Limits to Demand for Redistribution
Director, Ford Program in Human Development Studies and Solidarity
Associate Professor, Keough School of Global Affairs
How far are people willing to go to reduce inequality and ensure a fair outcome? This talk looks at a laboratory experiment that addresses this question, where a third-party stakeholder is paired with two players and makes a series of redistributive decisions over the income they earn from work on a task. The redistributive decisions carry varying personal costs for the stakeholder and the initial pay inequality between players is also varied. Also randomly varied is the source of inequality: lottery or productivity. Learn about the experiment and its outcomes and implications with the new director of the Ford Program, Patrizio Piraino.
Registration is required – please register here.