ICES Seminar in Experimental Economics and Game Theory

Rich and Right-wing? The Effect of Lottery Wealth on Political Preferences and Beliefs

Friday, October 23, 2020 12:00 PM to 1:00 PM
Online Location, Zoom Meeting

The ICES Seminar in Experimental Economics and Game Theory of the Fall 2020 semester will feature:

Robert Östling

Stockholm School of Economics

Rich and Right-wing? The Effect of Lottery Wealth on Political Preferences and Beliefs 

 

Please contact ICES Office Manager (sbahabib@gmu.edu) for Zoom link.

 

Abstract

A standard assumption in many political economy models is that political preferences are determined by economic self-interest. We survey a large sample of Swedish lottery winners to test whether lottery wins induce long-term changes in political attitudes consistent with self-interest. We find lottery winners become more negative toward taxes on wealth and inheritances, but find no evidence of wider attitudinal changes regarding redistributive policies or other political issues.

 

For more information about the Seminar Series, please visit the Seminar Schedule homepage.