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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 …
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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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The new gilded age -- Escalating economic inequality -- Interpreting inequality -- Economic inequality as a political issue -- Inequality and American democracy -- The partisan political economy -- Partisan patterns of income growth -- A partisan coincidence? -- Partisan differences in...
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