rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Income Modeling and Balancing
    sub title: A Rigorous Treatment of Distribution Patterns
  name:
    name part: Kämpke, Thomas.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: Radermacher, Franz Josef.
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: gw
    date issued: 2015
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XXI, 174 p. 78 illus., 10 illus. in color. online resource.
  abstract: This book presents a rigorous treatment of the mathematical instruments available for dealing with income distributions, in particular Lorenz curves and related methods. The methods examined allow us to analyze, compare and modify such distributions from an economic and social perspective. Though balanced income distributions are key to peaceful coexistence within and between nations, it is often difficult to identify the right kind of balance needed, because there is an interesting interaction with innovation and economic growth. The issue of justice, as discussed in Thomas Piketty’s bestseller “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 explain under 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 parts of 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 to the 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 ‘efficient inequality range’ has got an additional push from mathematics, which I appreciate very much.”.
  table of contents: Lorenz curves, orders and redistribution: Introduction -- The Generalized Inverse of Distribution Functions -- Lorenz Densities and Lorenz Curves -- Lorenz Curves and Partial Orders -- Transfer and Distribution Approximation -- Societal Utility and the Atkinson Theorem -- Lorenz Curves and Models: Pareto Distribution, Self-Similarity and Empirics -- Proportionality-induced Distribution Laws -- Preferences and Coalitions.
  note: by Thomas Kämpke, Franz Josef Radermacher.
  subject:
    topic: Game theory
  subject:
    topic: Economic theory
  subject:
    topic: Economic policy
  subject:
    topic: Economics
  subject:
    topic: Economic Theory/Quantitative Economics/Mathematical Methods
  subject:
    topic: Economic Policy
  subject:
    topic: Game Theory, Economics, Social and Behav. Sciences
  classification: HB1-846.8
  classification: 330.1
  related item:
    title info:
      title: Springer eBooks
  related item:
    title info:
      title: Lecture Notes in Economics and Mathematical Systems, 679
  identifier: 9783319132242
  identifier: http://dx.doi.org/10.1007/978-3-319-13224-2
  record info:
    record creation date: 150212
    record change date: 20151204153802.0
    record identifier: 978-3-319-13224-2