Browsing NHH Brage by Author "Moene, Karl Ove (Kalle)"
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The merit primacy effect
Cappelen, Alexander Wright; Moene, Karl Ove (Kalle); Skjelbred, Siv-Elisabeth; Tungodden, Bertil (Peer reviewed; Journal article, 2022)A long history in economics going back to Adam Smith has argued that people give primacy to merit – rather than luck – in distributive choices. We provide a theoretical framework formalizing the merit primacy effect, and ...