Statistical Bounds on Equity
Statistical Mechanics
2008-12-10 v1 Statistical Finance
Abstract
We derive the most probable distribution of resources for a simple society. We find that a probabilistic analysis forbids both too much and too less equity, and selects instead a minimally ordered state. We give the detailed calculations for a special model where the population and resources are fixed, and resources are owned only by individuals. We show that in general the equity is greater whenever the volume of the indifference manifold grows faster as a function of individual rent.
Cite
@article{arxiv.cond-mat/0209446,
title = {Statistical Bounds on Equity},
author = {Daniel O. Badagnani},
journal= {arXiv preprint arXiv:cond-mat/0209446},
year = {2008}
}
Comments
6 Pages, shows how Boltzman distribution can be used i economics