Extreme high incomes

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Kai Neumann (#1) has provided a description of the model with the iMODELER Presenter.

Description

A tiny qualitative model that asks how it is possible that many managers earn that much money and even get big exit packages even if they were not successful.

Note there is no balancing feedback loop but a number of reinforcing feedback loops. Not also that everybody with an income above average that rejects to earn less is part of the development.

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Members of unions and politicians are part of the elitist network

A law or unions prohibit exit packages and excessive incomes

Renowned are those with high income and fat exit packages

High Income of a Person

Others also get high income

The person helped to make a much higher profit

Others could get a higher income

Charitable things could be financed

Everybody above average rejects to earn less and hopes to earn more

Others could have reached the same

Only renowned persons take the responsibility from the supervisory board

An elitist network promotes each other

Kai Neumann (#1) has provided a description of the model with the iMODELER Presenter.

Description

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