Study suggests income inequality pushes people to take greater risks

(Phys.org)—A trio of researchers, two with the University of North Carolina and the other with the University of Kentucky, has conducted two kinds of experiments with results suggesting that income inequality in a society can lead those on the bottom to take more risks in hopes of increasing their position. In their paper published in Proceedings of the National Academy of Sciences, Keith Payne, Jason Hannay and Jazmin Brown-Iannuzz describe their experiments and why they believe their results indicate that rising inequality in the world today could lead to a range of poor outcomes.