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Keep On Working: Unconditional Basic Income in the Lab
-
Stefan Haigner
,
Wolfgang Höchtl
Published/Copyright:
December 11, 2012
Abstract
Our real-effort laboratory experiment compares an unconditional basic income (UBI) scheme with conventional systems with and without redistribution, respectively. Participants chose between three options: working for themselves, working for the group, or enjoying leisure. Neither the choice of options nor that of work efforts is sensitive to the transfer scheme even though UBI constitutes a natural reference point for participants’ earnings in our experiment. However, UBI significantly reduced income dispersion at only a small cost in terms of forgone production and budget deficit.
Published Online: 2012-12-11
© 2012 by Walter de Gruyter GmbH & Co.
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Articles in the same Issue
- Front Matter
- List of Contributors
- Content
- Editorial
- Research Article
- The Single Farm Payment: A Basic Income for Farmers?
- Keep On Working: Unconditional Basic Income in the Lab
- Prospects and Challenges for the Basic Income Proposal in Latin America
- Basic Income for Immigrants? The Pull Effect of Social Benefits on Migration
- Book Review
- Review of “Boaventura de Sousa Santos, Another Production Is Possible: Beyond the Capitalist Canon”
- Review of “Liam Murphy and Thomas Nagel, The Myth of Ownership: Taxes and Justice”
- Review of “Frank Lovett, A General Theory of Domination and Justice”
