Contents

13.1. Introduction 1148

13.2. TheComparativeView 1151

13.2.1 Subjective Well-Being and Others'Income 1152

13.2.2 ExperimentalEconomics 1160

13.2.2.1 ModelsoftheDistributionofIncome 1161

13.2.2.2 Experimental Evidence from Ultimatum, Dictator and Dynamic-Bargaining Games 1163

13.2.2.3 Public-GoodContributionsandPunishment 1164

13.2.2.4 Deservingness: The Source of Income 1166

13.2.2.5 HypotheticalPreferencesandNeuroEvidence 1167

13.3.

13.3.1 Inequality and Well-Being: What Do People Say? 1171

13.3.2 Experimental Economics 1180

13.4. OutstandingIssues 1185

13.4.1 InequalityandOtherOutcomeVariables 1185

13.4.2 Other Measures of Different Aspects of the Distribution of Income 1187

13.4.3 FairnessandPreferencesforRedistribution 1190

13.4.4 OnlySelf-Interest? 1196

13.5. Conclusion 1199

Acknowledgments 1201

References 1201