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Income Modeling and Balancing: A Rigorous Treatment of Distribution Patterns: Lecture Notes in Economics and Mathematical Systems, cartea 679

Autor Thomas Kämpke, Franz Josef Radermacher
en Limba Engleză Paperback – 23 feb 2015
​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 t
he 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.”  
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Specificații

ISBN-13: 9783319132235
ISBN-10: 3319132237
Pagini: 200
Ilustrații: XXI, 174 p. 78 illus., 10 illus. in color.
Dimensiuni: 155 x 235 x 12 mm
Greutate: 0.29 kg
Ediția:2015
Editura: Springer International Publishing
Colecția Springer
Seria Lecture Notes in Economics and Mathematical Systems

Locul publicării:Cham, Switzerland

Public țintă

Research

Cuprins

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.

Recenzii

“The book gives a rigorous treatment of income modeling and balancing. The topic is related to scientific questions in theoretical economics, applied mathematics, politics and sociology. … The book is useful for academics and professionals in the field of economy, applied mathematics and policy.” (Pavel Stoynov, zbMATH 1314.91007, 2015)

Notă biografică

Dr. Thomas Kämpke is a senior scientist at the Research Institute for Applied Knowledge Processing in Ulm, Germany. He is working in various areas of applied sciences including mathematical modeling in economical and technological applications.
Prof. Dr. Dr. Franz Josef Radermacher (Dr. h.c.) holds a faculty position for "Data Bases / Artificial Intelligence" at the University of Ulm and, at the same time, is the Director of FAW/n (Research Institute for Applied Knowledge Processing/n), Ulm. Member of the Club of Rome and of several national and international advisory boards as well as President of the Senat der Wirtschaft e. V. (Senate of the Economy), Bonn, President of the Global Economic Network (GEN), Vienna, and Vice President of the Ecosocial Forum Europe, Vienna.

Textul de pe ultima copertă

​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.”

Caracteristici

Comprehensive treatment of Lorenz curves and of the so-called Atkinson theorem including new results Addresses Piketty’s recent discussion on income and wealth distributions of nations New Insights into building political majorities in democracies for changing social balance Includes a foreword by the well known economist Sir Tony Atkinson