The effects of taxes on wealth inequality in Artificial Chemistry models of economic activity.
other · Level V
Where this comes from
- Record sourced from PubMed, PMID 34379658.
- Also identified by DOI 10.1371/journal.pone.0255719 and PMC identifier 8357169.
- No licence information is recorded for this record.
- Because redistribution is not established, this page shows the abstract only. Follow the links below for the full text.
Abstract
We consider a number of Artificial Chemistry models for economic activity and what consequences they have for the formation of economic inequality. We are particularly interested in what tax measures are effective in dampening economic inequality. By starting from well-known kinetic exchange models, we examine different scenarios for reducing the tendency of economic activity models to form unequal wealth distribution in equilibrium.
Medical subject headings
- Income
- Income Tax
- Models, Economic
- Socioeconomic Factors