maximin preferences
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2020 ◽  
Author(s):  
Atsushi Ueshima ◽  
Hugo Mercier ◽  
Tatsuya Kameda

How much inequality should be tolerated? How should the poorest be treated? Though sometimes conflated, concerns about inequality and the fate of the poorest involve different allocation principles with different sociopolitical implications. We tested whether deliberation—the core of democracy—influences reasoning about distributive principles. 322 participants faced allocation decisions for others between egalitarian (low variance in allocation), utilitarian (high total amount), and maximin (maximizing the welfare of the poorest) options. After their initial decisions, participants either reflected upon similar decisions solely or discussed them in pairs before facing the same choices again individually. Social, but not solitary, deliberation led to more maximin and fewer egalitarian choices, and this change lasted at least 5 months after the experiment. Conversation analyses of approximately 7,500 utterances suggest that some participants initially made egalitarian choices heuristically, when in fact they mostly cared about the poorest, and dialogue promoted more internally coherent maximin preferences.



2006 ◽  
Vol 96 (5) ◽  
pp. 1918-1923 ◽  
Author(s):  
Dirk Engelmann ◽  
Martin Strobel


2006 ◽  
Vol 96 (5) ◽  
pp. 1912-1917 ◽  
Author(s):  
Ernst Fehr ◽  
Michael Naef ◽  
Klaus M Schmidt


2006 ◽  
Vol 96 (5) ◽  
pp. 1906-1911 ◽  
Author(s):  
Gary E Bolton ◽  
Axel Ockenfels


2004 ◽  
Vol 94 (4) ◽  
pp. 857-869 ◽  
Author(s):  
Dirk Engelmann ◽  
Martin Strobel

We present simple one-shot distribution experiments comparing the relative importance of efficiency concerns, maximin preferences, and inequality aversion, as well as the relative performance of the fairness theories by Gary E Bolton and Axel Ockenfels and by Ernst Fehr and Klaus M. Schmidt. While the Fehr-Schmidt theory performs better in a direct comparison, this appears to be due to being in line with maximin preferences. More importantly, we find that a combination of efficiency concerns, maximin preferences, and selfishness can rationalize most of the data while the Bolton-Ockenfels and Fehr-Schmidt theories are unable to explain important patterns.



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