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Choices in Egalitarian Distribution: Inequality Aversion versus Risk Aversion [PDF]

open access: possible, 1999
Inequality aversion and risk aversion are widely assumed features of economic models. But a review of the literature revealed that inequlity aversion and risk aversion are treated as separate variables. This paper presents exploratory research designed to separate inequality aversion from risk aversion.
Yoram Kroll, Leima Davidovitz
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Gillian L Vale, Sarah F Brosnan
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