Aversion to Health Inequality - Pure, Income-Related and Income-Caused

Arbeitspapier

We design a novel experiment to identify aversion to pure (univariate) health inequality separately from aversion to income-related and income-caused health inequality. Participants allocate resources to determine health of individuals. Identification comes from random variation in resource productivity and in information on income and its causal effect. We gather data (26,286 observations) from a UK representative sample (n=337) and estimate pooled and participant-specific social preferences while accounting for noise. The median person has strong aversion to pure health inequality, challenging the health maximisation objective of economic evaluation. Aversion to health inequality is even stronger when it is related to income. However, the median person prioritises health of poorer individuals less than is assumed in the standard measure of income-related health inequality. On average, aversion to that inequality does not become stronger when low income is known to cause ill-health. There is substantial heterogeneity in all three types of inequality aversion

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Tinbergen Institute Discussion Paper ; No. TI 2023-019/V

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Design of Experiments: General ; Distribution: General ; Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; Health and Inequality
• Thema: Inequality Aversion ; Social Preferences ; Health ; Income ; Experiment

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Robson, Matthew ; O'Donnell, Owen ; Van Ourti, Tom
• Ereignis: Veröffentlichung
• (wer): Tinbergen Institute
• (wo): Amsterdam and Rotterdam
• (wann): 2023

Weitere Informationen

• Handle: http://hdl.handle.net/10419/273830
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ