Income Sharing Between Workers and Investors: Economic Experiments on Functional Income Distribution

Since the 1980s, declines in labor wage rates accompanied by increases in dividend yields or stock prices have become a global tendency and denote significant changes in functional income distributions between capital and labor. In this research, I perfor

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Natsuka Tokumaru

Social Preference, Institution, and Distribution An Experimental and Philosophical Approach

Evolutionary Economics and Social Complexity Science Volume 3

Editors-in-Chief Takahiro Fujimoto, Tokyo, Japan Yuji Aruka, Tokyo, Japan Editorial Board Satoshi Sechiyama, Kyoto, Japan Yoshinori Shiozawa, Osaka, Japan Kiichiro Yagi, Neyagawa, Japan Kazuo Yoshida, Kyoto, Japan Hideaki Aoyama, Kyoto, Japan Hiroshi Deguchi, Yokohama, Japan Makoto Nishibe, Sapporo, Japan Takashi Hashimoto, Nomi, Japan Masaaki Yoshida, Kawasaki, Japan Tamotsu Onozaki, Tokyo, Japan Shu-Heng Chen, Taipei, Taiwan Dirk Helbing, Zurich, Switzerland

The Japanese Association for Evolutionary Economics (JAFEE) always has adhered to its original aim of taking an explicit “integrated” approach. This path has been followed steadfastly since the Association’s establishment in 1997 and, as well, since the inauguration of our international journal in 2004. We have deployed an agenda encompassing a contemporary array of subjects including but not limited to: foundations of institutional and evolutionary economics, criticism of mainstream views in the social sciences, knowledge and learning in socio-economic life, development and innovation of technologies, transformation of industrial organizations and economic systems, experimental studies in economics, agentbased modeling of socio-economic systems, evolution of the governance structure of firms and other organizations, comparison of dynamically changing institutions of the world, and policy proposals in the transformational process of economic life. In short, our starting point is an “integrative science” of evolutionary and institutional views. Furthermore,we always endeavor to stay abreast of newly established methods such as agent-based modeling, socio/econo-physics, and network analysis as part of our integrative links. More fundamentally, “evolution” in social science is interpreted as an essential key word, i.e., an integrative and/or communicative link to understand and re-domain various preceding dichotomies in the sciences: ontological or epistemological, subjective or objective, homogeneous or heterogeneous, natural or artificial, selfish or altruistic, individualistic or collective, rational or irrational, axiomatic or psychological-based, causal nexus or cyclic networked, optimal or adaptive, microor macroscopic, deterministic or stochastic, historical or theoretical, mathematical or computational, experimental or empirical, agent-based or socio/econo-physical, institutional or evolutionary, regional or global, and so on. The conventional meanings adhering to various traditional dichotomies may be more or less obsolete, to be replaced with more current ones vis-à-vis contemporary academic trends. Thus we are strongly encouraged to integrate some of the conventional dichotomies. These attempts are not limited to the field of economic sciences, including management sciences, but also include social science in general. In that way, understanding the social profiles of complex science