Keyword: median income

Commission Rush (5/9/2006)

Excessive entry of residential real-estate brokers has resulted in lowering the median income of brokers rather than the commission rate.

Keywords: commission, competition, excessive entry, median income, real-estate brokers, realtors, tragedy of the commons

Income Lotteries (6/22/2006)

Income distribution may be more unequal while average income is increasing.

Keywords: average income, Bill Gates, globalization, income lotteries, median income, millionaire