Introduction -- Contemporary Economics and Inequality -- Growth Theories and Convergence Hypothesis -- Who Are Agents in Agent-Based Economic Models? -- Models of Subsistence Consumption -- Models of Competition -- The Dynamic Model of Market Inequality -- Conclusion
Summary
This book examines empirical and theoretical research on economic inequality from the perspective of dynamic models. By using advanced mathematical tools, it reveals fundamental market dynamics and underlines the role of subsistence constraints and competition in economic distribution