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Synthesis models predict the integrated properties of stellar populations. Several problems exist in this field, mostly related to the fact that integrated properties are distributed. To date, this aspect has been either ignored (as in…

Astrophysics · Physics 2009-11-11 M. Cervino , V. Luridiana , N. Cervino-Luridiana

We find the wealth distribution for an economic agent in the financial market, in analogy with standard derivation of generaliz Boltzman (Tsallis) factor in statistical mechanics. In this respect, Tsallis entropic index separates two…

Other Condensed Matter · Physics 2008-12-10 Amir Hossein Darooneh

We study the competition between random multiplicative growth and redistribution/migration in the mean-field limit, when the number of sites is very large but finite. We find that for static random growth rates, migration should be strong…

Disordered Systems and Neural Networks · Physics 2026-03-11 Maximilien Bernard , Jean-Philippe Bouchaud , Pierre Le Doussal

Increasingly, a huge amount of statistics have been gathered which clearly indicates that income and wealth distributions in various countries or societies follow a robust pattern, close to the Gibbs distribution of energy in an ideal gas…

General Finance · Quantitative Finance 2009-11-13 Arnab Chatterjee , Bikas K. Chakrabarti

We show, analytically and numerically, that wealth distribution in the Bouchaud-M\'ezard network model of the economy is described by a three-parameter generalized inverse gamma distribution. In the mean-field limit of a network with any…

Statistical Finance · Quantitative Finance 2015-06-11 Tao Ma , John G. Holden , R. A. Serota

We examine local Lagrangian approximations for the gravitational evolution of the density distribution function. In these approximations, the final density at a Lagrangian point q at a time t is taken to be a function only of t and of the…

Astrophysics · Physics 2015-06-24 Zacharias A. M. Protogeros , Robert J. Scherrer

The diameter distribution of a given species of deciduous trees in mature, temperate zone forests is well approximated by a Gamma distribution. Here we give new experimental evidence for this conjecture by analyzing deciduous tree size data…

Populations and Evolution · Quantitative Biology 2023-10-17 Szabolcs Kelemen , Máté Józsa , Tibor Hartel , György Csóka , Zoltán Néda

The "Money Exchange Model" is a type of agent-based simulation model used to study how wealth distribution and inequality evolve through monetary exchanges between individuals. The primary focus of this model is to identify the limiting…

Probability · Mathematics 2025-01-07 Hironobu Sakagawa

We investigate, at the fundamental level, the questions of `why', `when' and `how' one could or should reach out to poor and vulnerable people to support them in the absence of governmental institutions. We provide a simple and new approach…

General Economics · Economics 2023-07-31 Aziz Guergachi , Javid Hakim

We study stochastic particle systems on a complete graph and derive effective mean-field rate equations in the limit of diverging system size, which are also known from cluster aggregation models. We establish the propagation of chaos under…

Probability · Mathematics 2021-07-21 Watthanan Jatuviriyapornchai , Stefan Grosskinsky

One of the key socioeconomic phenomena to explain is the distribution of wealth. Bouchaud and M\'ezard have proposed an interesting model of economy [Bouchaud and M\'ezard (2000)] based on trade and investments of agents. In the mean-field…

Statistical Finance · Quantitative Finance 2009-02-03 Matus Medo

In this paper a new lifetime distribution which is obtained by compounding Lindley and geometric distributions, named Lindley-geometric (LG) distribution, is introduced. Several properties of the new distribution such as density, failure…

Computation · Statistics 2012-04-20 Hojjatollah Zakerzadeh , Eisa Mahmoudi

We reformulate the neutral wealth tax framework of Froeseth (2026; arXiv:2603.05264) in the language of stochastic dynamics and statistical physics. Individual wealth under geometric Brownian motion satisfies a Langevin equation with…

Physics and Society · Physics 2026-04-17 Anders G Frøseth

We address the issue of the dynamics of wealth accumulation and economic crisis triggered by extreme inequality, attempting to stick to most possibly intrinsic assumptions. Our general framework is that of pure or modified multiplicative…

Economics · Quantitative Finance 2017-05-17 Henri Benisty

The one-point probability distribution function (pdf) of the large-scale density field is an important tool to follow the evolution of cosmological structures. In this paper we present a new model for this pdf for all regimes and all…

Astrophysics · Physics 2009-11-10 Patrick Valageas , Dipak Munshi

We investigate the effect of applying nonlinear redistributive taxes to the yard-sale dynamics of assets. An amount of money is collected from each individual (tax) and distributed back equally. We consider (i) a piecewise linear tax,…

Physics and Society · Physics 2022-09-13 Hugo Lima , Allan R. Vieira , Celia Anteneodo

We study a mean-field version of rank-based models of equity markets such as the Atlas model introduced by Fernholz in the framework of Stochastic Portfolio Theory. We obtain an asymptotic description of the market when the number of…

Portfolio Management · Quantitative Finance 2014-08-21 Benjamin Jourdain , Julien Reygner

We develop a statistical framework for wealth allocation in which agents hold discrete units of wealth and macrostates are defined by how wealth is distributed across agents. The structure of the economic state space is characterized…

Physics and Society · Physics 2026-02-04 Korak Biswas

We study the Immediate Exchange model, recently introduced by Heinsalu and Patriarca [Eur. Phys. J. B 87: 170 (2014)], who showed by simulations that the wealth distribution in this model converges to a Gamma distribution with shape…

General Finance · Quantitative Finance 2015-06-23 Guy Katriel

The financial and economic crisis recently experienced by many European countries has increased demand for timely, coherent and consistent distributional information for the household sector. In the Euro area, most of the NCBs collect such…

General Economics · Economics 2021-01-27 Michele Cantarella , Andrea Neri , Maria Giovanna Ranalli
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