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Are Elites Meritocratic and Efficiency-Seeking? Evidence from MBA Students
Abstract of a paper on pre-print server Arxiv: Elites disproportionately influence policymaking, yet little is known about their fairness and efficiency preferences -- key determinants of support for redistributive policies. We investigate these preferences in an incentivized lab experiment with a g...
Abstract of a paper on pre-print server Arxiv: Elites disproportionately influence policymaking, yet little is known about their fairness and efficiency preferences -- key determinants of support for redistributive policies. We find that MBA students implement substantially more unequal earnings distributions than the average American, regardless of whether inequality stems from luck or merit. Their redistributive choices are also highly responsive to efficiency costs, with an effect that is an order of magnitude larger than that found in representative U.S. samples.
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