G. Mitchell et al., JUDGMENTS OF SOCIAL-JUSTICE - COMPROMISES BETWEEN EQUALITY AND EFFICIENCY, Journal of personality and social psychology, 65(4), 1993, pp. 629-639
Political economists agree that a trade-off exists between equality an
d efficiency. Using a hypothetical society paradigm, we manipulated th
e mean income (representing efficiency) and income variability (repres
enting equality) of distributions of wealth and the correlation betwee
n wealth and effort within a society. Subjects made all pairwise compa
risons of distributions within societies of differing meritocracy. A '
'maximin'' principle best described trade-off resolution strategies wh
en effort and outcome were weakly linked: People maximized the minimum
standard of living within a society. A compromise principle best desc
ribed preferences when income was tightly linked to effort: People rej
ected distributions in which some citizens fell below the ''poverty li
ne'' but maximized efficiency above this constraint. Ideological polar
ization was pronounced under moderate meritocracy; here liberals could
focus on the role of chance and conservatives on the role of effort a
nd ability.