Income disparities regarding company and product levels
This investigation is part of a larger project on income information and inequality. Would informing consumers, at the time of their purchase, of income inequalities among those involved in the production of the goods have a moderating effect on income inequality? Previous research has demonstrated the effectiveness of this proposal in reducing inequality in theory (Hill, 2020), and has established the behavioural conditions for doing so (Hill & Lloyd, 2020). The aim of the current research is to investigate its potential empirically. Given that informing consumers of product- or company-level income inequality will only have an effect if it differs between similar products, the purpose is to determine the current average rates of company-level inequality in different product categories, their variances within categories, and their dependence on company characteristics.