Sunday, November 5, 2017

Political voting follows not fair-mindedness (the weight on oneself versus others) but equality-efficiency tradeoffs

Distributional preferences and political behavior. Raymond Fisman, Pamela Jakiela, Shachar Kariv. Journal of Public Economics, Volume 155, November 2017, Pages 1-10. https://doi.org/10.1016/j.jpubeco.2017.08.010

Abstract: We document the relationship between distributional preferences and voting decisions in a large and diverse sample of Americans. Using a generalized dictator game, we generate individual-level measures of fair-mindedness (the weight on oneself versus others) and equality-efficiency tradeoffs. Subjects' equality-efficiency tradeoffs predict their political decisions: equality-focused subjects are more likely to have voted for Barack Obama in 2012, and to be affiliated with the Democratic Party. Our findings shed light on how American voters are motivated by their distributional preferences.

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