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Lecture Notes in Economics and Mathematical Systems

Income Modeling and Balancing

A Rigorous Treatment of Distribution Patterns

Authors: Kämpke, Thomas, Radermacher, Franz Josef

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  • Comprehensive treatment of Lorenz curves and of the so-called Atkinson theorem including new results
  • Addresses Piketty’s recent discussion on income and wealth distributions of nations
  • New Insights into building political majorities in democracies for changing social balance
  • Includes a foreword by the well known economist Sir Tony Atkinson
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eBook $64.99
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  • ISBN 978-3-319-13224-2
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  • Immediate eBook download after purchase
Softcover $84.99
price for USA in USD
  • ISBN 978-3-319-13223-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

​This book presents a rigorous treatment of the mathematical instruments available for dealing with income distributions, in particular Lorenz curves and related methods. The  methods examined allow us to analyze, compare and modify such distributions from an economic and social perspective. Though balanced income distributions are key to peaceful coexistence within and between nations, it is often difficult to identify the right kind of balance needed, because there is an interesting interaction with innovation and economic growth. The issue of justice, as discussed in Thomas Piketty’s bestseller “Capital in the Twenty-First Century” or in the important book “The Price of Inequality” by Nobel laureate Joseph Stiglitz, is also touched on. Further, there is a close connection to the issue of democracy in the context of globalization. One highlight of the book is its rigorous treatment of the so-called Atkinson theorem and some extensions, which help to explain under which type of societal utility functions nations tend to operate either in the direction of more balance or less balance. Finally, there are some completely new insights into changing the balance pattern of societies and the kind of coalitions between richer and poorer parts of society to organize political support in democracies in either case.  

Oxford University's Sir Tony Atkinson, well known for his so-called Atkinson theorem, writes in his foreword to the book: “[The authors] contribute directly to t

he recent debates that are going on in politics. […] with this book the foundation of arguments concerning a proper balance in income distribution in the sense of identifying an ‘efficient inequality range’ has got an additional push from mathematics, which I appreciate very much.”  

About the authors

Dr. Thomas Kämpke is a senior scientist at the Research Institute for Applied Knowledge Processing in Ulm, Germany. He is working in various areas of applied sciences including mathematical modeling in economical and technological applications.

Prof. Dr. Dr. Franz Josef Radermacher (Dr. h.c.) holds a faculty position for "Data Bases / Artificial Intelligence" at the University of Ulm and, at the same time, is the Director of FAW/n (Research Institute for Applied Knowledge Processing/n), Ulm. Member of the Club of Rome and of several national and international advisory boards as well as President of the Senat der Wirtschaft e. V. (Senate of the Economy), Bonn, President of the Global Economic Network (GEN), Vienna, and Vice President of the Ecosocial Forum Europe, Vienna.

Reviews

“The book gives a rigorous treatment of income modeling and balancing. The topic is related to scientific questions in theoretical economics, applied mathematics, politics and sociology. … The book is useful for academics and professionals in the field of economy, applied mathematics and policy.” (Pavel Stoynov, zbMATH 1314.91007, 2015)


Table of contents (9 chapters)

Table of contents (9 chapters)

Buy this book

eBook $64.99
price for USA in USD (gross)
  • ISBN 978-3-319-13224-2
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $84.99
price for USA in USD
  • ISBN 978-3-319-13223-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Income Modeling and Balancing
Book Subtitle
A Rigorous Treatment of Distribution Patterns
Authors
Series Title
Lecture Notes in Economics and Mathematical Systems
Series Volume
679
Copyright
2015
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing Switzerland
eBook ISBN
978-3-319-13224-2
DOI
10.1007/978-3-319-13224-2
Softcover ISBN
978-3-319-13223-5
Series ISSN
0075-8442
Edition Number
1
Number of Pages
XXI, 174
Number of Illustrations
68 b/w illustrations, 10 illustrations in colour
Topics