Titlebook: Dynamic Models and Inequality; The Role of the Mark Robin Maialeh Book 2020 Springer Nature Switzerland AG 2020 Distributional dynamics.Mar

Diluge

Consensus

Keywords,e accentuates partly overlooked but important structural feature of the market mechanism, namely competition among economic agents. It is the ruling principle of allocation of resources which keeps the dynamics of the whole market system. As will be explained in more details, the dynamics of the mar

stress-test

Keywords,of market resource allocation. The model should come with an explicative principle of market inequality in economic distribution for which it abstracts to the utmost from agent’s subjectivity, randomness and idiosyncrasies. Therefore, we assume homogeneous agents in order to eliminate individual dif

bourgeois

flourish

deceive

follicle

obeisance

laceration

escalate