Majority of participants show concave risk-averse utilities for life satisfaction with stronger aversion to societal inequality than personal risk, unrelated to political alignment.
The context of this scenario is different - please read carefully! Imagine you are a policymaker who must make a choice affecting a large number of people
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Individual utilities of life satisfaction reveal inequality aversion unrelated to political alignment
Majority of participants show concave risk-averse utilities for life satisfaction with stronger aversion to societal inequality than personal risk, unrelated to political alignment.