Relative deprivation, personal income satisfaction, and average well-being under different income distributions

Arbeitspapier

This paper uses the data gained from an income categorization experiment for five shapes of income distributions to investigate background context effects, relative deprivation, range-frequency theory to explain background context effects, individual income satisfaction versus aggregate well-being, and the dual patterns of income categorization and limen setting. It is shown that background context effects exist and are reflected in relative deprivation. Not all precepts of range-frequency theory can be evidenced. Moreover, we demonstrate a welfare paradox which concerns a contradiction between individual income satisfaction and aggregate well-being. Finally, income categorization and limen setting harbor no response-mode effects, but exhibit conformity.

Objekt anzeigen

• ISBN: 9291906670
• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: WIDER Research Paper ; No. 2005/04

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Personal Income, Wealth, and Their Distributions ; Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; Design of Experiments: Laboratory, Individual
• Thema: relative deprivation ; income distributions ; income satisfaction ; context effects ; Einkommensverteilung ; Disparitätsmaß ; Verteilungsgerechtigkeit ; Lebensstandard ; Test ; Theorie ; Meinung

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Seidl, Christian ; Traub, Stefan ; Morone, Andrea
• Ereignis: Veröffentlichung
• (wer): The United Nations University World Institute for Development Economics Research (UNU-WIDER)
• (wo): Helsinki
• (wann): 2005

Weitere Informationen

• Handle: http://hdl.handle.net/10419/63248