Dynamic Models and Inequality: The Role of the Market Mechanism in Economic Distribution
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cham
Springer International Publishing AG
2020
|
| Schriftenreihe: | Contributions to Economics Ser
|
| Schlagworte: | |
| Beschreibung: | Description based on publisher supplied metadata and other sources |
| Beschreibung: | 1 Online-Ressource (184 pages) |
| ISBN: | 9783030463137 |
Internformat
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| 505 | 8 | |a Intro -- Contents -- Chapter 1: Introduction -- References -- Chapter 2: Contemporary Economics and Inequality -- 2.1 Introduction to Inequality: Concepts, Methods and Data -- 2.2 Measuring Inequality -- 2.3 Production Process: Attributes and Decomposition of the Output -- 2.4 Quantification of Global Inequality -- 2.5 Inequality, Growth and Other Social Phenomena -- 2.6 Chapter Summary -- References -- Chapter 3: Growth Theories and Convergence Hypothesis -- 3.1 The Importance of Theory: Why Empirical Results Do Not Speak for Themselves? -- 3.2 The Solow-Swan Model -- 3.2.1 Golden Rule of Capital Accumulation -- 3.2.2 Speed of Convergence -- 3.3 The Ramsey-Cass-Koopmans Model -- 3.3.1 Firms -- 3.3.2 Households -- 3.3.3 The Maximum Principle -- 3.3.4 Speed of Convergence -- 3.4 Chapter Summary -- References -- Chapter 4: Who Are Agents in Agent-Based Economic Models? -- 4.1 A Rational Decision-Making Process and Limits of the Behavioural Approach -- 4.2 Internal and External Nature of the Agent: A Critical Approach -- 4.3 Chapter Summary -- References -- Chapter 5: Models of Subsistence Consumption -- 5.1 Linear Growth Model with Subsistence Consumption and Stone-Geary Preferences -- 5.1.1 Transitional Dynamics -- 5.1.2 Does the Level of Subsistence Matter? -- 5.2 Portfolio Choice with Time-(In)variant Subsistence and Heterogeneous Agents -- 5.2.1 Time-Invariant Subsistence -- 5.2.2 Time-Variant Subsistence -- 5.3 Portfolio Management of Heterogeneous Agents Under Risk and Inequality Consequences -- 5.4 Chapter Summary -- References -- Chapter 6: Models of Competition -- 6.1 Competition in the Schumpeterian Growth Model -- 6.2 Monopoly Power and Inequality -- 6.3 A Biomathematical Model of Resource Appropriation -- 6.4 Chapter Summary -- References -- Chapter 7: The Dynamic Model of Market Inequality -- 7.1 Theoretical Context | |
| 505 | 8 | |a 7.2 Formulation of the Model -- 7.2.1 Simulation of the Model -- 7.2.2 Pareto Efficiency: A 'Nonsensical Optimality' in the Perspective of Market Inequality -- 7.3 Market-Based Inequalities with Cobb-Douglas Agents -- 7.4 Chapter Summary -- References -- Chapter 8: Conclusion | |
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| contents | Intro -- Contents -- Chapter 1: Introduction -- References -- Chapter 2: Contemporary Economics and Inequality -- 2.1 Introduction to Inequality: Concepts, Methods and Data -- 2.2 Measuring Inequality -- 2.3 Production Process: Attributes and Decomposition of the Output -- 2.4 Quantification of Global Inequality -- 2.5 Inequality, Growth and Other Social Phenomena -- 2.6 Chapter Summary -- References -- Chapter 3: Growth Theories and Convergence Hypothesis -- 3.1 The Importance of Theory: Why Empirical Results Do Not Speak for Themselves? -- 3.2 The Solow-Swan Model -- 3.2.1 Golden Rule of Capital Accumulation -- 3.2.2 Speed of Convergence -- 3.3 The Ramsey-Cass-Koopmans Model -- 3.3.1 Firms -- 3.3.2 Households -- 3.3.3 The Maximum Principle -- 3.3.4 Speed of Convergence -- 3.4 Chapter Summary -- References -- Chapter 4: Who Are Agents in Agent-Based Economic Models? -- 4.1 A Rational Decision-Making Process and Limits of the Behavioural Approach -- 4.2 Internal and External Nature of the Agent: A Critical Approach -- 4.3 Chapter Summary -- References -- Chapter 5: Models of Subsistence Consumption -- 5.1 Linear Growth Model with Subsistence Consumption and Stone-Geary Preferences -- 5.1.1 Transitional Dynamics -- 5.1.2 Does the Level of Subsistence Matter? -- 5.2 Portfolio Choice with Time-(In)variant Subsistence and Heterogeneous Agents -- 5.2.1 Time-Invariant Subsistence -- 5.2.2 Time-Variant Subsistence -- 5.3 Portfolio Management of Heterogeneous Agents Under Risk and Inequality Consequences -- 5.4 Chapter Summary -- References -- Chapter 6: Models of Competition -- 6.1 Competition in the Schumpeterian Growth Model -- 6.2 Monopoly Power and Inequality -- 6.3 A Biomathematical Model of Resource Appropriation -- 6.4 Chapter Summary -- References -- Chapter 7: The Dynamic Model of Market Inequality -- 7.1 Theoretical Context 7.2 Formulation of the Model -- 7.2.1 Simulation of the Model -- 7.2.2 Pareto Efficiency: A 'Nonsensical Optimality' in the Perspective of Market Inequality -- 7.3 Market-Based Inequalities with Cobb-Douglas Agents -- 7.4 Chapter Summary -- References -- Chapter 8: Conclusion |
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| dewey-full | 330.01510000000002 |
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| discipline | Wirtschaftswissenschaften |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:50:37Z |
| indexdate | 2024-07-10T09:32:27Z |
| institution | BVB |
| isbn | 9783030463137 |
| language | English |
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| spelling | Maialeh, Robin Verfasser aut Dynamic Models and Inequality The Role of the Market Mechanism in Economic Distribution Cham Springer International Publishing AG 2020 ©2020 1 Online-Ressource (184 pages) txt rdacontent c rdamedia cr rdacarrier Contributions to Economics Ser Description based on publisher supplied metadata and other sources Intro -- Contents -- Chapter 1: Introduction -- References -- Chapter 2: Contemporary Economics and Inequality -- 2.1 Introduction to Inequality: Concepts, Methods and Data -- 2.2 Measuring Inequality -- 2.3 Production Process: Attributes and Decomposition of the Output -- 2.4 Quantification of Global Inequality -- 2.5 Inequality, Growth and Other Social Phenomena -- 2.6 Chapter Summary -- References -- Chapter 3: Growth Theories and Convergence Hypothesis -- 3.1 The Importance of Theory: Why Empirical Results Do Not Speak for Themselves? -- 3.2 The Solow-Swan Model -- 3.2.1 Golden Rule of Capital Accumulation -- 3.2.2 Speed of Convergence -- 3.3 The Ramsey-Cass-Koopmans Model -- 3.3.1 Firms -- 3.3.2 Households -- 3.3.3 The Maximum Principle -- 3.3.4 Speed of Convergence -- 3.4 Chapter Summary -- References -- Chapter 4: Who Are Agents in Agent-Based Economic Models? -- 4.1 A Rational Decision-Making Process and Limits of the Behavioural Approach -- 4.2 Internal and External Nature of the Agent: A Critical Approach -- 4.3 Chapter Summary -- References -- Chapter 5: Models of Subsistence Consumption -- 5.1 Linear Growth Model with Subsistence Consumption and Stone-Geary Preferences -- 5.1.1 Transitional Dynamics -- 5.1.2 Does the Level of Subsistence Matter? -- 5.2 Portfolio Choice with Time-(In)variant Subsistence and Heterogeneous Agents -- 5.2.1 Time-Invariant Subsistence -- 5.2.2 Time-Variant Subsistence -- 5.3 Portfolio Management of Heterogeneous Agents Under Risk and Inequality Consequences -- 5.4 Chapter Summary -- References -- Chapter 6: Models of Competition -- 6.1 Competition in the Schumpeterian Growth Model -- 6.2 Monopoly Power and Inequality -- 6.3 A Biomathematical Model of Resource Appropriation -- 6.4 Chapter Summary -- References -- Chapter 7: The Dynamic Model of Market Inequality -- 7.1 Theoretical Context 7.2 Formulation of the Model -- 7.2.1 Simulation of the Model -- 7.2.2 Pareto Efficiency: A 'Nonsensical Optimality' in the Perspective of Market Inequality -- 7.3 Market-Based Inequalities with Cobb-Douglas Agents -- 7.4 Chapter Summary -- References -- Chapter 8: Conclusion Economics-Mathematical models Marktmechanismus (DE-588)4139127-5 gnd rswk-swf Wirtschaftstheorie (DE-588)4079351-5 gnd rswk-swf Marktmechanismus (DE-588)4139127-5 s Wirtschaftstheorie (DE-588)4079351-5 s DE-604 Erscheint auch als Druck-Ausgabe Maialeh, Robin Dynamic Models and Inequality Cham : Springer International Publishing AG,c2020 9783030463120 |
| spellingShingle | Maialeh, Robin Dynamic Models and Inequality The Role of the Market Mechanism in Economic Distribution Intro -- Contents -- Chapter 1: Introduction -- References -- Chapter 2: Contemporary Economics and Inequality -- 2.1 Introduction to Inequality: Concepts, Methods and Data -- 2.2 Measuring Inequality -- 2.3 Production Process: Attributes and Decomposition of the Output -- 2.4 Quantification of Global Inequality -- 2.5 Inequality, Growth and Other Social Phenomena -- 2.6 Chapter Summary -- References -- Chapter 3: Growth Theories and Convergence Hypothesis -- 3.1 The Importance of Theory: Why Empirical Results Do Not Speak for Themselves? -- 3.2 The Solow-Swan Model -- 3.2.1 Golden Rule of Capital Accumulation -- 3.2.2 Speed of Convergence -- 3.3 The Ramsey-Cass-Koopmans Model -- 3.3.1 Firms -- 3.3.2 Households -- 3.3.3 The Maximum Principle -- 3.3.4 Speed of Convergence -- 3.4 Chapter Summary -- References -- Chapter 4: Who Are Agents in Agent-Based Economic Models? -- 4.1 A Rational Decision-Making Process and Limits of the Behavioural Approach -- 4.2 Internal and External Nature of the Agent: A Critical Approach -- 4.3 Chapter Summary -- References -- Chapter 5: Models of Subsistence Consumption -- 5.1 Linear Growth Model with Subsistence Consumption and Stone-Geary Preferences -- 5.1.1 Transitional Dynamics -- 5.1.2 Does the Level of Subsistence Matter? -- 5.2 Portfolio Choice with Time-(In)variant Subsistence and Heterogeneous Agents -- 5.2.1 Time-Invariant Subsistence -- 5.2.2 Time-Variant Subsistence -- 5.3 Portfolio Management of Heterogeneous Agents Under Risk and Inequality Consequences -- 5.4 Chapter Summary -- References -- Chapter 6: Models of Competition -- 6.1 Competition in the Schumpeterian Growth Model -- 6.2 Monopoly Power and Inequality -- 6.3 A Biomathematical Model of Resource Appropriation -- 6.4 Chapter Summary -- References -- Chapter 7: The Dynamic Model of Market Inequality -- 7.1 Theoretical Context 7.2 Formulation of the Model -- 7.2.1 Simulation of the Model -- 7.2.2 Pareto Efficiency: A 'Nonsensical Optimality' in the Perspective of Market Inequality -- 7.3 Market-Based Inequalities with Cobb-Douglas Agents -- 7.4 Chapter Summary -- References -- Chapter 8: Conclusion Economics-Mathematical models Marktmechanismus (DE-588)4139127-5 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd |
| subject_GND | (DE-588)4139127-5 (DE-588)4079351-5 |
| title | Dynamic Models and Inequality The Role of the Market Mechanism in Economic Distribution |
| title_auth | Dynamic Models and Inequality The Role of the Market Mechanism in Economic Distribution |
| title_exact_search | Dynamic Models and Inequality The Role of the Market Mechanism in Economic Distribution |
| title_exact_search_txtP | Dynamic Models and Inequality The Role of the Market Mechanism in Economic Distribution |
| title_full | Dynamic Models and Inequality The Role of the Market Mechanism in Economic Distribution |
| title_fullStr | Dynamic Models and Inequality The Role of the Market Mechanism in Economic Distribution |
| title_full_unstemmed | Dynamic Models and Inequality The Role of the Market Mechanism in Economic Distribution |
| title_short | Dynamic Models and Inequality |
| title_sort | dynamic models and inequality the role of the market mechanism in economic distribution |
| title_sub | The Role of the Market Mechanism in Economic Distribution |
| topic | Economics-Mathematical models Marktmechanismus (DE-588)4139127-5 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd |
| topic_facet | Economics-Mathematical models Marktmechanismus Wirtschaftstheorie |
| work_keys_str_mv | AT maialehrobin dynamicmodelsandinequalitytheroleofthemarketmechanismineconomicdistribution |