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Τρίτη 20 Ιουνίου 2017

Informational content of relative deprivation as a channel linking economic inequality to risk taking [Social Sciences]

The evidence that economic inequality (or relative deprivation) increases risk taking, as presented in PNAS by Payne et al. (1), is an insightful addition to a broader literature that finds that relative deprivation has distinct effects on individuals, not the least of which is their happiness, in addition to any...

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