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hierarchical power - the command of subordinates in a hierarchy - is what distinguishes the rich from the poor and capitalists from … workers. Specifically, I hypothesize that individual income increases with hierarchical power, as does the share of individual … extrapolates the CEO data. The results indicate that income tends to increase with hierarchical power, as does the capitalist …
Persistent link: https://www.econbiz.de/10012127049
. What makes the rich different, I propose, is hierarchical power. The rich command hierarchies. The poor do not. It is this … evidence from US CEOs. I find that the relative income of CEOs increases with their hierarchical power, as does the capitalist … portion of their income. This suggests that among CEOs, both income size and income class relate to hierarchical power. I then …
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We study the effect of power sharing over income redistribution among different socio-economic groups in a model of … rich (resp., the poor) increase (resp., decrease) with power sharing disproportionality. Further, we prove that the Gini … coefficient associated with the distribution of disposable incomes also rises with the disproportionality of the power sharing …
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power among citizens. Extending this intuition to the question of what makes collective deliberation democratic, some …
Persistent link: https://www.econbiz.de/10013140713
term this equality of power. The first challenge here is that the cost to the rest of society must be measured somehow, and … agent's marginal utility for additional power is the same. We show that for quadratic utilities, in the large market limit …, there always exists an outcome that simultaneously satisfies equal power, equal marginal utility for additional power, and …
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