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Under conditions of market equilibrium, the distribution of capital income follows a Pareto power law, with an exponent that characterizes the given equilibrium. Here, a simple taxation scheme is proposed such that the post-tax capital…

经济学 · 定量金融 2018-03-14 Jacques Tempere

We analyze the household savings problem in a general setting where returns on assets, non-financial income and impatience are all state dependent and fluctuate over time. All three processes can be serially correlated and mutually…

理论经济学 · 经济学 2020-08-07 Qingyin Ma , John Stachurski , Alexis Akira Toda

We propose a model for evolving networks by merging building blocks represented as complete graphs, reminiscent of modules in biological system or communities in sociology. The model shows power-law degree distributions, power-law…

统计力学 · 物理学 2009-11-11 Kazuhiro Takemoto , Chikoo Oosawa

The Japanese shareholding network at the end of March 2002 is studied. To understand the characteristics of this network intuitively, we visualize it as a directed graph and an adjacency matrix. Especially detailed features of networks…

物理与社会 · 物理学 2007-05-23 Wataru Souma , Yoshi Fujiwara , Hideaki Aoyama

Network growth is currently explained through mechanisms that rely on node prestige measures, such as degree or fitness. In many real networks those who create and connect nodes do not know the prestige values of existing nodes, but only…

无序系统与神经网络 · 物理学 2007-05-23 Santo Fortunato , Alessandro Flammini , Filippo Menczer

Complex networks are everywhere. They appear for example in the form of biological networks, social networks, or computer networks and have been studied extensively. Efficient algorithms to solve problems on complex networks play a central…

离散数学 · 计算机科学 2020-06-26 Jan Dreier , Philipp Kuinke , Peter Rossmanith

The aim of this work is to establish the personal income distribution from the elementary constituents of a free market; products of a representative good and agents forming the economic network. The economy is treated as a self-organized…

综合金融 · 定量金融 2015-06-04 Joachim Kaldasch

I show that U.S. incomes follow a one-parameter family of probability distributions over more than fifty years of data. I compare statistical models of income, and I highlight the inverse-gamma distribution as a parsimonious model that…

综合经济学 · 经济学 2024-11-14 Conrad Kosowsky

Recently several authors have proposed stochastic evolutionary models for the growth of complex networks that give rise to power-law distributions. These models are based on the notion of preferential attachment leading to the ``rich get…

软凝聚态物质 · 物理学 2007-05-23 Trevor Fenner , Mark Levene , George Loizou

Several populational networks present complex topologies when implemented in evolutionary algorithms. A common feature of these topologies is the emergence of a power law. Power law behavior with different scaling factors can also be…

统计计算 · 统计学 2022-03-08 Francisco Leonardo Bezerra Martins , José Cláudio do Nascimento

Complex networks of real-world systems are believed to be controlled by common phenomena, producing structures far from regular or random. These include scale-free degree distributions, small-world structure and assortative mixing by…

社会与信息网络 · 计算机科学 2013-05-24 Lovro Šubelj , Marko Bajec

This paper presents an empirical application of the Gause-Witt model of population ecology and ecosystems to the income distribution competitive dynamics of social classes in economic systems. The Gause-Witt mathematical system of coupled…

物理与社会 · 物理学 2025-06-27 Marcelo B. Ribeiro

We use data on wealth of the richest persons taken from the "rich lists" provided by business magazines like Forbes to verify if upper tails of wealth distributions follow, as often claimed, a power-law behaviour. The data sets used cover…

统计金融 · 定量金融 2015-06-15 Michal Brzezinski

Recently, in order to explore the mechanism behind wealth or income distribution, several models have been proposed by applying principles of statistical mechanics. These models share some characteristics, such as consisting of a group of…

物理与社会 · 物理学 2008-12-02 Yougui Wang , Ning Ding , Ning Xi

We present a stylized model with feedback loops for the evolution of a population's wealth over generations. Individuals have both talent and wealth: talent is a random variable distributed identically for everyone, but wealth is a random…

计算机科学与博弈论 · 计算机科学 2022-09-16 Krishna Acharya , Eshwar Ram Arunachaleswaran , Sampath Kannan , Aaron Roth , Juba Ziani

An equation for the evolution of the distribution of wealth in a population of economic agents making binary transactions with a constant total amount of "money" has recently been proposed by one of us (RLR). This equation takes the form of…

适应与自组织系统 · 物理学 2014-07-29 Yves Pomeau , Ricardo Lopez-Ruiz

Several fundamental properties of real complex networks, such as the small-world effect, the scale-free degree distribution, and recently discovered topological fractal structure, have presented the possibility of a unique growth mechanism…

数据分析、统计与概率 · 物理学 2009-11-13 Liuhua Zou , Wenjiang Pei , Tao Li , Zhenya He , Yiuming Cheung

Many real networks such as the World Wide Web, financial, biological, citation and social networks have a power-law degree distribution. Networks with this feature are also called scale-free. Several models for producing scale-free networks…

社会与信息网络 · 计算机科学 2016-12-23 Akmal Artikov , Aleksandr Dorodnykh , Yana Kashinskaya , Egor Samosvat

We consider a sharing economy network where agents embedded in a graph share their resources. This is a fundamental model that abstracts numerous emerging applications of collaborative consumption systems. The agents generate a random…

计算机科学与博弈论 · 计算机科学 2017-03-29 Leonidas Georgiadis , George Iosifidis , Leandros Tassiulas

The degree distributions of complex networks are usually considered to be power law. However, it is not the case for a large number of them. We thus propose a new model able to build random growing networks with (almost) any wanted degree…

社会与信息网络 · 计算机科学 2020-12-08 Thibaud Trolliet , Frédéric Giroire , Stéphane Pérennes