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Status, Lotteries, and Inequality

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  • Becker, Gary S.
  • Werning, Ivan
  • Murphy, Kevin M.

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  • Becker, Gary S. & Werning, Ivan & Murphy, Kevin M., 2000. "Status, Lotteries, and Inequality," Working Papers 160, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    • Handle: RePEc:zbw:cbscwp:160
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    File URL: https://www.econstor.eu/bitstream/10419/262562/1/wp160.pdf
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    References listed on IDEAS

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    1. Gary S. Becker, 1974. "Crime and Punishment: An Economic Approach," NBER Chapters, in: Essays in the Economics of Crime and Punishment, pages 1-54, National Bureau of Economic Research, Inc.
    2. Thomas Sterner (ed.), 1999. "The Market and the Environment," Books, Edward Elgar Publishing, number 1567.
    3. Rosen, Sherwin, 1997. "Manufactured Inequality," Journal of Labor Economics, University of Chicago Press, vol. 15(2), pages 189-196, April.
    4. Gregory, Nathaniel, 1980. "Relative Wealth and Risk Taking: A Short Note on the Friedman-Savage Utility Function," Journal of Political Economy, University of Chicago Press, vol. 88(6), pages 1226-1230, December.
    5. Robson, Arthur J, 1992. "Status, the Distribution of Wealth, Private and Social Attitudes to Risk," Econometrica, Econometric Society, vol. 60(4), pages 837-857, July.
    6. Cole, Harold L. & Prescott, Edward C., 1997. "Valuation Equilibrium with Clubs," Journal of Economic Theory, Elsevier, vol. 74(1), pages 19-39, May.
    7. Milton Friedman, 1953. "Choice, Chance, and the Personal Distribution of Income," Journal of Political Economy, University of Chicago Press, vol. 61(4), pages 277-277.
    8. Wallace E. Oates (ed.), 1992. "The Economics Of The Environment," Books, Edward Elgar Publishing, number 577.
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    Cited by:

    1. Raj Chetty, 2004. "Consumption Commitments, Unemployment Durations, and Local Risk Aversion," NBER Working Papers 10211, National Bureau of Economic Research, Inc.
    2. Auriol, Emmanuelle & Renault, Régis, 2000. "The Costs and Benefits of Symbolic Differentiation in the Work Place," IDEI Working Papers 101, Institut d'Économie Industrielle (IDEI), Toulouse, revised 2002.
    3. Emmanuelle Auriol & Régis Renault, 2008. "Status and incentives," RAND Journal of Economics, RAND Corporation, vol. 39(1), pages 305-326, March.
    4. Bali, Turan G. & Gunaydin, A. Doruk & Jansson, Thomas & Karabulut, Yigitcan, 2023. "Do the rich gamble in the stock market? Low risk anomalies and wealthy households," Journal of Financial Economics, Elsevier, vol. 150(2).
    5. Sackett, Hillary M. & Kelley, Lindsey, 2017. "Norm Sensitivity and Preferences for Credence Attributes Elicited in Experimental Auctions: The Case of Animal Welfare Information and WTP for Ice Cream," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258565, Agricultural and Applied Economics Association.

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