Browsing by Author "Gupta, Gautam"
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Choosing from Behind a Veil of Ignorance in India
Johansson-Stenman, Olof; Gupta, Gautam; Carlsson, Fredrik (2002)Social inequality aversion is measured through a veil-of-ignorance experiment with Indian students. The median relative risk aversion is found to be quite high, about 3, and independent caste. -
Keeping Up with the Vaishyas: Caste and Relative Standing
Johansson-Stenman, Olof; Gupta, Gautam; Carlsson, Fredrik (2005)We investigate the importance of relative income within the Indian Caste system, using a choice experiment. We find that slightly more than half of the marginal utility of income comes from some kind of relative income ...