Misperceiving economic success: experimental evidence on meritocratic beliefs and inequality acceptance

Meritocratic beliefs are often invoked as justification of inequality. We provide evidence on how meritocratic beliefs are shaped by economic status and how they contribute to the moral justification of inequality. In a large-scale survey experiment in the US, we show that success causes a change in...

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Bibliographische Detailangaben
Hauptverfasser: Fehr, Dietmar (VerfasserIn) , Vollmann, Martin (VerfasserIn)
Dokumenttyp: Book/Monograph Arbeitspapier
Sprache:Englisch
Veröffentlicht: Munich, Germany CESifo, Center for Economic Studies & Ifo Institute September 2022
Schriftenreihe:CESifo working paper no. 9983 (2022)
In: CESifo working papers (no. 9983 (2022))

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Online-Zugang:Verlag, kostenfrei: https://www.cesifo.org/DocDL/cesifo1_wp9983.pdf
Verlag, kostenfrei: https://www.cesifo.org/en/publications/2022/working-paper/misperceiving-economic-success-experimental-evidence-meritocratic
Resolving-System, kostenfrei: http://hdl.handle.net/10419/266018
Volltext
Verfasserangaben:Dietmar Fehr, Martin Vollmann
Beschreibung
Zusammenfassung:Meritocratic beliefs are often invoked as justification of inequality. We provide evidence on how meritocratic beliefs are shaped by economic status and how they contribute to the moral justification of inequality. In a large-scale survey experiment in the US, we show that success causes a change in beliefs about success depending on effort rather than luck. Exploiting exogenous variation in meritocratic beliefs in a two-stage analysis shows that beliefs affect how much inequality people accept. Successful people prefer to remain ignorant about the true underlying reasons for success and there is no evidence that beliefs are moderated by political orientation.
Beschreibung:Online Resource