Ergodic inequality

DOI10.3390/G7030014MaRDI QIDQ725006zbMATH OpenOpenAlexFDO

Authors Thomas W. L. Norman

Publication date 1 August 2018

Published in Games (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.3390/g7030014

zbMATH Keywords

ergodicityinequalitylibertarianism

Mathematics Subject Classification ID

Welfare economics (91B15)

Review text

Summary: Weak conditions are provided under which society's long-run distribution of wealth is independent of initial asset holdings.

Cites work

• A Theory of Trickle-Down Growth and Development
• Endogenous inequality
• Income Distribution and Macroeconomics
• Intergenerational Transfers and the Distribution of Earnings
• Markov chains and stochastic stability
• Risk-Bearing and the Theory of Income Distribution
• The Dynamics of the Wealth Distribution and the Interest Rate with Credit Rationing

Cited in

(1)

• Ergodic for the mean

This page was built for publication: Ergodic inequality

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q725006)