What's the monetary value of distributive justice?

• 成果类型: Article
• 署名作者: Corneo, Giacomo; Fong, Christina M.
• 署名单位: Leibniz Association; Ifo Institut; IZA Institute Labor Economics; Free University of Berlin; Carnegie Mellon University
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2007.09.007
• 发表日期: 2008
• 页码: 289-308
• 关键词: distributive justice; governmental redistribution; fairness

摘要

This paper proposes a model that can be implemented to estimate the willingness to pay for distributive justice, defined as distribution according to desert. We derive a formula that allows one to recover the willingness to pay for distributive justice from fiscal data and the estimated coefficients of a probit regression. Using this formula and data from a 1998 Gallup Social Audit, we find that on average the monetary value of justice for US households amounts to about one fifth of their disposable income. Moreover, we find evidence of markedly heterogeneous preferences for justice that differ by race and education. (C) 2007 Elsevier B.V. All rights reserved.