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A computational model for the distribution of wealth among the members of an ideal society is presented. It is determined that a realistic distribution of wealth depends upon two mechanisms: an asymmetric flux of wealth in trading…

统计力学 · 物理学 2008-12-02 Nicola Scafetta , Sergio Picozzi , Bruce J. West

A model of distribution of the wealth in a society based on the properties of complex networks has been proposed. The wealth is interpreted as a consequence of communication possibilities and proportional to the number of connections…

物理与社会 · 物理学 2010-10-12 D. Lande , A. Snarskii , M. Zhenirovskyy

We focus on the problem of how wealth is distributed among the units of a networked economic system. We first review the empirical results documenting that in many economies the wealth distribution is described by a combination of…

综合金融 · 定量金融 2008-12-02 Diego Garlaschelli , Maria I. Loffredo

We develop a general framework to analyze the distribution functions of wealth and income. Within this framework we study wealth distribution in a society by using a model which turns on two-party trading for poor people while for rich…

统计力学 · 物理学 2008-12-02 Arnab Das , Sudhakar Yarlagadda

A class of conserved models of wealth distributions are studied where wealth (or money) is assumed to be exchanged between a pair of agents in a population like the elastically colliding molecules of a gas exchanging energy. All sorts of…

物理与社会 · 物理学 2008-12-02 Abhijit Kar Gupta

We investigate the accumulated wealth distribution by adopting evolutionary games taking place on scale-free networks. The system self-organizes to a critical Pareto distribution (1897) of wealth $P(m)\sim m^{-(v+1)}$ with $1.6 < v <2.0$…

物理与社会 · 物理学 2009-11-11 Mao-Bin Hu , Wen-Xu Wang , Rui Jiang , Qing-Song Wu , Bing-Hong Wang , Yong-Hong Wu

We introduce a simple model of economy, where the time evolution is described by an equation capturing both exchange between individuals and random speculative trading, in such a way that the fundamental symmetry of the economy under an…

凝聚态物理 · 物理学 2007-05-23 Jean-Philippe Bouchaud , Marc Mezard

The uneven distribution of wealth and individual economic capacities are among the main forces which shape modern societies and arguably bias the emerging social structures. However, the study of correlations between the social network and…

社会与信息网络 · 计算机科学 2016-12-15 Yannick Leo , Eric Fleury , J. Ignacio Alvarez-Hamelin , Carlos Sarraute , Márton Karsai

How do individuals accumulate wealth as they interact economically? We outline the consequences of a simple microscopic model in which repeated pairwise exchanges of assets between individuals build the wealth distribution of a population.…

物理与社会 · 物理学 2010-08-31 P. L. Krapivsky , S. Redner

The distribution of wealth in the Hungarian medieval aristocratic society is reported and studied. The number of serf families belonging to a noble is taken as a measure of the corresponding wealth. Our results reveal the power-law nature…

物理与社会 · 物理学 2007-05-23 G. Hegyi , Z. Neda , M. A. Santos

Families form the basis of society, and anthropologists have characterised various family systems. This study developed a multi-level evolutionary model of pre-industrial agricultural societies to simulate the evolution of family systems…

物理与社会 · 物理学 2021-10-04 Kenji Itao , Kunihiko Kaneko

We investigate the wealth evolution in a system of agents that exchange wealth through a disordered network in presence of an additive stochastic Gaussian noise. We show that the resulting wealth distribution is shaped by the degree…

统计力学 · 物理学 2008-12-02 T. Di Matteo , T. Aste , S. T. Hyde

Pareto law, which states that wealth distribution in societies have a power-law tail, has been a subject of intensive investigations in statistical physics community. Several models have been employed to explain this behavior. However, most…

交易与市场微观结构 · 定量金融 2009-11-13 M. Ali Saif , Prashant M. Gade

We consider a simple theoretical model to investigate the impact of inheritances on the wealth distribution. Wealth is described as a finite resource, which remains constant over different generations and is divided equally among offspring.…

物理与社会 · 物理学 2021-11-17 Pedro Patrício , Nuno A. M. Araújo

This paper analyzes the equilibrium distribution of wealth in an economy where firms' productivities are subject to idiosyncratic shocks, returns on factors are determined in competitive markets, dynasties have linear consumption functions…

综合金融 · 定量金融 2009-06-11 Davide Fiaschi , Matteo Marsili

Income and wealth distribution affect stability of a society to a large extent and high inequality affects it negatively. Moreover, in the case of developed countries, recently has been proven that inequality is closely related to all…

综合金融 · 定量金融 2016-03-29 Elvis Oltean , Fedor Kusmartsev

This paper develops a nonparametric statistical model of wealth distribution that imposes little structure on the fluctuations of household wealth. In this setting, we use new techniques to obtain a closed-form household-by-household…

经济学 · 定量金融 2016-01-19 Ricardo T. Fernholz

The distribution of wealth among the members of a society is herein assumed to result from two fundamental mechanisms, trade and investment. An empirical distribution of wealth shows an abrupt change between the low-medium range, that may…

统计力学 · 物理学 2008-12-02 Nicola Scafetta , Sergio Picozzi , Bruce J. West

We model a closed economic system with interactions that generates the features of empirical wealth distribution across all wealth brackets, namely a Gibbsian trend in the lower and middle wealth range and a Pareto trend in the higher…

综合金融 · 定量金融 2008-12-02 Marisciel L. Palima , Eduardo J. David

The rich-get-richer mechanism (agents increase their ``wealth'' randomly at a rate proportional to their holdings) is often invoked to explain the Pareto power-law distribution observed in many physical situations, such as the degree…

综合金融 · 定量金融 2008-12-02 James P. Bagrow , Jie Sun , Daniel ben-Avraham
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