Fix, Blair - In: Real-World Economics Review (2021) 98, pp. 58-86
incomes follow a power-law distribution, and the redistribution of income corresponds to a change in the power-law exponent … first developed by Herbert Simon and Harold Lydall, I show that hierarchy can explain the power-law distribution of top …. Given the messiness of the struggle for resources, why is the outcome so simple? This paper explores the idea that the (re)distribution …