, a reliable assessment of inequality in living standards, therefore, necessitates the conversion of the original … conversion strategy, and explain our results by means of an inequality decomposition by population subgroups. …

, a reliable assessment of inequality in living standards, therefore, necessitates the conversion of the original … conversion strategy, and explain our results by means of an inequality decomposition by population subgroups. …

are analogous to the widely-used decompositions of inequality indices by population subgroup, except that they summarize … are not dependent on the choice of a specific summary index. Nonetheless, since inequality and poverty indices can be …

We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are … generated by purely selfish agents. But introducing inequality motivates more productive agents to exert higher efforts and help … disadvantageous inequality. Moreover, the more inequity averse the agents, the more inequality should be imposed even by an …

dramatic transformations in the past century. While Classical economists advanced the hypothesis that inequality is beneficial … two decades. Theory and subsequent empirical evidence have demonstrated that income distribution has a significant impact …

just obeying and, hence, to be irrational. In this paper we offer a different approach which postulates rationality of all …

This paper provides a theoretical analysis regarding the rationality of suicide attacks from an economist’s point of … psychological concepts of cognitive dissonance and terror management theory into our economic analysis, we demonstrate why … – although predicted by standard economic theory – defection is a phenomenon rarely observed. We finally present some policy …