In this paper, we set up a three-period stochastic overlapping generations model to analyze the implications of income inequality and mobility for demand for redistribution and social insurance. We model the size of two different public programs under the welfare state. We investigate...

With the large amount of data stored by many organizations, capitalists have observed that this information is an intangible asset. Unfortunately, handling large databases is a very complex process and traditional learning techniques are expensive to use. Heuristic techniques provide much help...