Public Choice Seminar

Misperceiving Inequality

Tuesday, April 24, 2018 12:00 PM to 1:15 PM EDT
Carow Hall, Lecture Room

Come join the Center for Study of Public Choice for lunch, a presentation, and a discussion at Public Choice Seminar Series featuring:

Daniel Treisman, UCLA, on Misperceiving Inequality

Light Lunch:  11:45

Seminar:  12:00 noon - 1:15 PM

Tuesday, April 24th in Carow Hall

Do people know if they are relatively wealthy or poor?

Through the use of large cross-national surveys, Vladimir Gimpelson and Daniel Treisman find that people do not know their place in the distribution of income. Survey responders in all countries except for New Zealand underestimate the average annual wage. Furthermore, many individuals hold misperceptions about the direction of change in income inequality. These results suggest that perception, not reality, of inequality shape political outcomes. 

Daniel Treisman is a professor of political science at the University of California, Los Angeles and a research associate of the National Bureau of Economic Research. Tresiman specializes in Russian politics and economics and comparative political economy.  He has written four books, including his most recent book The Return: Russia’s Journey from Gorbachev to Medvedev (The Free Press, 2011). His academic articles can be found in the American Economic Review and the American Political Science Review (among others).

The seminar series schedule and paper can be found here.

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