Income Modeling and Balancing

Language: English

Published by Springer, Springer Feb 2015, 2015

3319132237 / 9783319132235

Series: Book 115 of 126 - Lecture Notes in Economics and Mathematical Systems

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Seller: buchversandmimpf2000, Emtmannsberg, BAYE, Germanybuchversandmimpf2000

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This item is printed on demand - Print on Demand Titel. Neuware -¿This bookpresents a rigorous treatment of the mathematical instruments available for dealing with income distributions, in particular Lorenz curves and related methods. The methods examinedallow usto analyze, compare and modify such distributions from an economic and social perspective. Though balanced income distributions are key to peacefulcoexistencewithin and between nations, it is often difficultto identify the right kind of balance needed, because there is an interesting interaction with innovation and economic growth. Theissue of justice, as discussed in Thomas Piketty¿sbestseller ¿Capital in the Twenty-First Century¿ or in the important book ¿The Price of Inequality¿ by Nobel laureate Joseph Stiglitz, is also touched on. Further,there is a close connection to the issue of democracy in the context of globalization. One highlight of the book is its rigorous treatment of the so-called Atkinson theorem and some extensions, which help to explainunder which type of societal utility functions nations tend to operate either in the direction of more balance or less balance. Finally, there are some completely new insights into changing the balance pattern of societies and the kind of coalitions between richer and poorer partsof society to organize political support in democracies in either case.Oxford University's Sir Tony Atkinson, well known for his so-called Atkinson theorem, writes in his foreword tothe book: ¿[The authors] contribute directly to the recent debates that are going on in politics. [¿] with this book the foundation of arguments concerning a proper balance in income distribution in the sense of identifying an ¿efficientinequality range¿ has got an additional push from mathematics, which I appreciate very much.¿Springer-Verlag KG, Sachsenplatz 4-6, 1201 Wien 196 pp. Englisch.…

Seller Inventory # 9783319132235

Title
Income Modeling and Balancing
Author
Thomas Kämpke
Publisher
Springer, Springer Feb 2015
Publication year
2015
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3319132237
ISBN 13
9783319132235
Item weight
306 grams
Dimensions
235x155x11 mm
Series
Book 115 of 126: Lecture Notes in Economics and Mathematical Systems

buchversandmimpf2000

Emtmannsberg, BAYE, Germany

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