In this paper we offer an explanation why a poor majority does not necessarily expropriate a rich minority. We present a dynamic model in which individuals are willing to accept an unequal distribution of income in the current period if they are sufficiently optimistic about their future...

We present a model of growth and distributional conflict that implies a non-monotonic relationship between average wealth and the likelihood of radical redistribution: while the net benefits of redistribution for members of the poor class are small at low stages of development, a shift towards...

We develop a model of growth and distributional conflict which demonstrates that social tensions may peak at an intermediate development stage. In fact, unless the economy is caught in an underdevelopment trap, the relationship between average wealth and the likelihood of radical redistribution...

Vielfältig motivierendes Übungs- und Studienbuch der Statistik, das sich bereits kurz nach Erscheinen einer außerordentlichen Beliebtheit erfreut. Die Übungsaufgaben sind durchweg in einen humorvollen , mitunter gar satirischen Zusammenhang eingebettet und unterscheiden sich diesbezüglich...