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~institution:"EconWPA"
~isPartOf:"Microeconomics"
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Willis, Geoff
Commission, Productivity
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Fehr, Ernst
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Bauer, Hans H.
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Laser Welfare: First Steps in Econodynamic Engineering
Willis, Geoff
-
EconWPA
-
2004
efficient way than traditional welfare schemes. Finally, and unusually for a paper on
economics
; an experiment is proposed that …
Persistent link: https://www.econbiz.de/10005134958
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2
Evidence for the Independence of Waged and Unwaged Income, Evidence for Boltzmann Distributions in Waged Income, and the Outlines of a Coherent Theory of Income Distribution
Willis, Geoff
;
Mimkes, Juergen
-
EconWPA
-
2004
Two sets of high quality income data are analysed in detail, one set from the UK, one from the USA. It is firstly demonstrated that both a log-normal distribution and a Boltzmann distribution can give very accurate fits to both these data sets. The absence of a power tail in the US data set is...
Persistent link: https://www.econbiz.de/10005135094
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