Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals … or households can be both consumers and shareholders, the impact of market power on inequality depends in part on the … inequality. Moreover, over time, corporate equity has become even more skewed relative to consumption. …

Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals … or households can be both consumers and shareholders, the impact of market power on inequality depends in part on the … inequality. Moreover, over time, corporate equity has become even more skewed relative to consumption. …

This paper uses a simple model based on the board game Monopoly to analyze the drivers of house prices and wealth … inequality. Simulations show that inequality generally builds up fast even if players have equal starting conditions and house … prices are stable; rising house prices imply more extreme inequality. An extension of the classical game with interest rates …

Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can … powerful buyer can trade with one of several sellers - an environment that can lead to pronounced inequality among the … inequality. …