Competition, Income Distribution, and the Middle Class: An Experimental Study
Competition, Income Distribution, and the Middle Class: An Experimental Study
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竞争、收入分配和中产阶级:一项实验研究
DOI:
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发表时间:
2015
影响因子:
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通讯作者:
Stefan Traub
中科院分区:
文献类型:
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作者:
Bernhard Kittel;Fabian Paetzel;Stefan Traub
We study the effect of competition on income distribution by means of a two-stage experiment. Heterogeneous endowments are earned in a contest, followed by a surplus-sharing task. The experimental test confirms our initial hypothesis that the existence of a middle class is as effective as institutional hurdles in limiting the power of the less able in order to protect the more able players from being expropriated. Furthermore, majoritarian voting with a middle class involves fewer bargaining impasses than granting veto rights to the more able players and, therefore, is more efficient.