Showing 1 - 10 of 11,886
Persistent link: https://www.econbiz.de/10014436172
theory which allows to take into consideration players’ interactions impact rather than players’ contributions to inequality … decompositions in the context of inequality theory is given …
Persistent link: https://www.econbiz.de/10013250337
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic … analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent … voluntary redistribution of income or wealth. The theory concentrates on lump-sum voluntary transfers, individual or collective …
Persistent link: https://www.econbiz.de/10014023678
We present the results of an experiment that measures social preferences within couples in a context where intra-household pay-off inequality can be reduced at the cost of diminishing household income. We measure social norms regarding this efficiency-equality trade-off and implement a...
Persistent link: https://www.econbiz.de/10010342891
Additive decomposability is an interesting feature of inequality indices which, however, is not always fulfilled; solutions to overcome such an issue have been given by Deutsch and Silber (2007) and by Di Maio and Landoni (2017). In this paper, we apply these methods, based on the “Shapley...
Persistent link: https://www.econbiz.de/10011823313
This work is based on a differential game proposed by Kelvin Lancaster. The game between two agents called workers and capitalists is based on the accumulation and redistribution of benefits among social classes concluding that cooperative outcomes outperform non-cooperative. This approach...
Persistent link: https://www.econbiz.de/10012857378
This paper is an application of a new Shapley income decomposition methodology, in which we isolate two subjective factors in income differences - race and gender - that contribute to income inequality within the population of blacks and whites in the United States over the period 2005-2017. We...
Persistent link: https://www.econbiz.de/10012842039
This paper explores the manner in which the structure of a social network constrains the level of inequality that can be sustained among its members. We assume that any distribution of value across the network must be stable with respect to coalitional deviations, and that players can form a...
Persistent link: https://www.econbiz.de/10012723139
This paper is an application of a new Shapley income decomposition methodology, in which we isolate two subjective factors in income differences - race and gender - that contribute to income inequality within the population of blacks and whites in the United States over the period 2005-2017. We...
Persistent link: https://www.econbiz.de/10012169318
Investigating hierarchical class segregation and the use of punishment applied downward in a hierarchy acts as a key aspect to ascertain how dominant and subordinate partners cooperate to achieve mutual profit. In countries with an uneven wealth distribution, this mutual profit may be reduced,...
Persistent link: https://www.econbiz.de/10012929314