Self-induced class stratification in competitive societies of agents: Nash stability in the presence of envy
Envy, the inclination to compare rewards, can be expected to unfold when inequalities in terms of pay-off differences are generated in competitive societies. It is shown that increasing levels of envy lead inevitably to a self-induced separation into a lower and an upper class. Class stratification...
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| Format: | Article |
| Language: | English |
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The Royal Society
2020-06-01
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| Series: | Royal Society Open Science |
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| Online Access: | https://royalsocietypublishing.org/doi/pdf/10.1098/rsos.200411 |