Sunday, January 01, 2017

Edge.org

https://www.edge.org/responses/what-scientific-term-or%C2%A0concept-ought-to-be-more-widely-known

Consider, for example, attitudes toward income redistribution. If these were based on rational self-interest, anyone earning less than mean income should favor redistribution since they stand to benefit from that policy. Since income inequality skews income distribution rightward, with increasing inequality a larger share of the population has income below the mean and so support for redistribution should rise. Yet, empirically this is not the case. One reason is antisocial preferences. As Ilyana Kuziemko and colleagues found, people exhibit "last place aversion" both in the lab and in everyday social contexts. That is, individuals near the bottom of the income distribution oppose redistribution because they fear it might result in people below them either catching up to them or overtaking them, leaving them at the bottom of the status hierarchy.
_- Steve

No comments: