Showing 1 - 4 of 4
We examine the hypothesis that capitalist economies generate inequality by looking at the distribution of wealth in a virtual world. Employing the sandbox video game Minecraft as an example of a “pure” market economy, we chose several Minecraft economy servers and collected their respective...
Persistent link: https://www.econbiz.de/10012918270
Over the past twenty years there has been a dramatic increase in both CEO pay and the wealth of the richest Americans. We hypothesize that the increase in CEO pay is due to the same economy-wide factors that have increased the asset value of the wealthiest Americans. We test this hypothesis by...
Persistent link: https://www.econbiz.de/10013100914
Persistent link: https://www.econbiz.de/10011376412
We observe that CEO compensation and top incomes in the US have both been increasing rapidly over the last thirty years. We hypothesize that the trends in CEO compensation have been caused by the same economy-wide factors that have contributed to increases in income. We test this hypothesis by...
Persistent link: https://www.econbiz.de/10013048209