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We investigate a model of stratified economic interactions between agents when the notion of spatial location is introduced. The agents are placed on a network with near-neighbor connections. Interactions between neighbors can occur only if…

Physics and Society · Physics 2015-05-20 J. L. Herrera , M. G. Cosenza , K. Tucci

Rapidly growing product lines and services require a finer-granularity forecast that considers geographic locales. However the open question remains, how to assess the quality of a spatio-temporal forecast? In this manuscript we introduce a…

Machine Learning · Statistics 2017-12-08 Lucas Roberts , Leo Razoumov , Lin Su , Yuyang Wang

We study the global probability distribution of energy consumption per capita around the world using data from the U.S. Energy Information Administration (EIA) for 1980-2010. We find that the Lorenz curves have moved up during this time…

Data Analysis, Statistics and Probability · Physics 2014-03-11 Scott Lawrence , Qin Liu , Victor M. Yakovenko

In several recent works on infinite-dimensional systems of ODEs \cite{cao_derivation_2021,cao_explicit_2021,cao_iterative_2024,cao_sticky_2024}, which arise from the mean-field limit of agent-based models in economics and social sciences…

Mathematical Finance · Quantitative Finance 2024-09-24 Fei Cao

This paper introduces a novel methodology for constructing multiclass ROC curves using the multidimensional Gini index. The proposed methodology leverages the established relationship between the Gini coefficient and the ROC Curve and…

Methodology · Statistics 2025-10-20 Paolo Giudici , Rosa C. Rosciano , Johanna Schrader , Delf-Magnus Kummerfeld

In this paper, we propose two new flexible Gini indices (extended lower and upper) defined via differences between the $i$-th observation, the smallest order statistic, and the largest order statistic, for any $1 \leqslant i \leqslant m$.…

Methodology · Statistics 2025-06-03 Roberto Vila , Helton Saulo

Ensuring efficiency and envy-freeness in allocating indivisible goods without money often requires randomization. However, existing combinatorial assignment mechanisms (for applications such as course allocation, food banks, and refugee…

Theoretical Economics · Economics 2025-10-03 Thành Nguyen , Alexander Teytelboym , Shai Vardi

Income inequality estimators are biased in small samples, leading generally to an underestimation. This aspect deserves particular attention when estimating inequality in small domains and performing small area estimation at the area level.…

Methodology · Statistics 2026-01-23 Silvia De Nicolò , Maria Rosaria Ferrante , Silvia Pacei

This study proposes a reversible jump Markov chain Monte Carlo method for estimating parameters of lognormal distribution mixtures for income. Using simulated data examples, we examined the proposed algorithm's performance and the accuracy…

Econometrics · Economics 2025-10-28 Kazuhiko Kakamu

This paper presents a computationally efficient model for optimizing real-time decisions in humanitarian aid delivery systems. Our formulation models a hierarchical system and is a mixed integer, probabilistic, non-linear and non-concave…

Optimization and Control · Mathematics 2020-06-23 Roozbeh Yousefzadeh

The objective of this study is to characterize inequality in infrastructure quality across urban areas. While a growing of body of literature has recognized the importance of characterizing infrastructure inequality in cities and provided…

Computers and Society · Computer Science 2024-03-25 Bo Li , Ali Mostafavi

As the unification of various models of ordered quantities, generalized order statistics act as a simplistic approach introduced in \cite{kamps1995concept}. In this present study, results pertaining to the expressions of marginal and joint…

Methodology · Statistics 2025-02-04 Neetu Gupta , S. K. Neogy , Qazi J. Azhad , Bhagwati Devi

In this article, we discuss a dynamical stochastic model that represents the time evolution of income distribution of a population, where the dynamics develop from an interplay of multiple economic exchanges in the presence of…

Economics · Quantitative Finance 2017-02-28 Maria Letizia Bertotti , Amit K Chattopadhyay , Giovanni Modanese

We propose a new class of goodness-of-fit tests for the logistic distribution based on a characterisation related to the density approach in the context of Stein's method. This characterisation based test is a first of its kind for the…

Statistics Theory · Mathematics 2021-08-17 James S. Allison , Bruno Ebner , Marius Smuts

Whether in search of better trade opportunities or escaping wars, humans have always been on the move. For almost a century, mathematical models of human mobility have been instrumental in the quantification of commuting patterns and…

Locational measures of accessibility are widely used in urban and transportation planning to understand the impact of the transportation system on influencing people's access to places. However, there is a considerable lack of measurement…

Econometrics · Economics 2024-04-09 Rajat Verma , Mithun Debnath , Shagun Mittal , Satish V. Ukkusuri

We propose a new family of inequality indices that bridges the Hoover index and the Gini coefficient. The measure is defined as the normalized expected absolute value of a convex combination of deviations from the mean and pairwise…

Methodology · Statistics 2026-03-30 Roberto Vila , Helton Saulo , Felipe Quintino

Measuring the degree of inequality expressed by a multivariate statistical distribution is a challenging problem, which appears in many fields of science and engineering. In this paper, we propose to extend the well known univariate Gini…

Statistics Theory · Mathematics 2024-09-17 Gennaro Auricchio , Paolo Giudici , Giuseppe Toscani

Logistic regression is a natural and simple tool to understand how covariates contribute to explain the topology of a binary network. Once the model fitted, the practitioner is interested in the goodness-of-fit of the regression in order to…

Methodology · Statistics 2017-01-09 Pierre Latouche , Stéphane Robin , Sarah Ouadah

We study here relations between three inequality indices, namely the Gini ($g$), Pietra ($p$) and Kolkata ($k$) introduced in 1912, 1915 and 2014 respectively and all are derived from the Lorenz function $L(x)$ introduced in 1905. The…

Physics and Society · Physics 2026-03-17 Asim Ghosh , Bikas K. Chakrabarti
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