Taxes in a simple wealth distribution model by inelastically scattering particles
General Finance
2008-12-02 v1 Physics and Society
Abstract
In this work we use an inelastic scattering process of particles to propose a model able to reproduce the salient features of the wealth distribution in an economy by including taxes to each trading process and redistributing that collected among the population according to a given criterion. Additionally, we show that different optimal levels of taxes may exist depending on the redistribution criterion.
Keywords
Cite
@article{arxiv.0807.4484,
title = {Taxes in a simple wealth distribution model by inelastically scattering particles},
author = {Sebastian D. Guala},
journal= {arXiv preprint arXiv:0807.4484},
year = {2008}
}
Comments
7 pages, 7 figures