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相关论文: Models of wealth distributions: a perspective

200 篇论文

In a money exchange process involving a seller and a buyer, we develop a straightforward model encompassing conservative, non-conservative, and systems with or without debt. Our model integrates the Fermi function to capture the behavior of…

动力系统 · 数学 2024-09-04 Hsin-Lun Li

We propose a simple dynamical model of wealth evolution. The invariant distributions are of Pareto type and are dynamically stable as conjectured by Pareto.

经济学 · 定量金融 2014-10-06 Ricardo Pérez-Marco

We discuss the ideal gas like models of a trading market. The effect of savings on the distribution have been thoroughly reviewed. The market with fixed saving factors leads to a Gamma-like distribution. In a market with quenched random…

物理与社会 · 物理学 2008-12-02 Arnab Chatterjee , Bikas K Chakrabarti

We present an agent-based model of economic exchange in a society composed of two groups, representing two social groups and with different internal protection rules for the poor agents. The goal is to address the emerging wealth…

物理与社会 · 物理学 2025-05-01 Thiago Dias , Sebastián Gonçalves

We consider a simple model of a closed economic system where the total money is conserved and the number of economic agents is fixed. In analogy to statistical systems in equilibrium, money and the average money per economic agent are…

统计力学 · 物理学 2009-10-31 Anirban Chakraborti , Bikas K. Chakrabarti

We consider an ideal closed stock market, in which 100 traders have economic activities. The assets of the traders change through buying and selling stocks. We simulate the assets under conservation of both total currency and total number…

统计力学 · 物理学 2008-12-10 Yoshikazu Ohtaki , Hiroshi H. Hasegawa

We introduce preferential behavior into the study on statistical mechanics of money circulation. The computer simulation results show that the preferential behavior can lead to power laws on distributions over both holding time and amount…

物理与社会 · 物理学 2009-11-11 Ning Ding , Yougui Wang

We have numerically simulated the ideal-gas models of trading markets, where each agent is identified with a gas molecule and each trading as an elastic or money-conserving two-body collision. Unlike in the ideal gas, we introduce…

统计力学 · 物理学 2009-11-10 Arnab Chatterjee , Bikas K. Chakrabarti , S. S. Manna

We introduce and discuss optimal control strategies for kinetic models for wealth distribution in a simple market economy, acting to minimize the variance of the wealth density among the population. Our analysis is based on a finite time…

物理与社会 · 物理学 2018-10-25 Bertram Düring , Lorenzo Pareschi , Giuseppe Toscani

We present a detailed numerical analysis of the modified version of a conservative self-organized extremal model introduced by Pianegonda et. al. for the distribution of wealth of the people in a society. Here the trading process has been…

综合金融 · 定量金融 2015-05-30 Abhijit Chakraborty , G. Mukherjee , S. S. Manna

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

We study the effect of altruism in two simple asset exchange models: the yard sale model (winner gets a random fraction of the poorer player's wealth) and the theft and fraud model (winner gets a random fraction of the loser's wealth). We…

物理与社会 · 物理学 2009-11-11 M. Rodriguez-Achach , R. Huerta-Quintanilla

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

Power-law tails are ubiquitous in income distributions and in the energy distributions of diluted relativistic gases. We analyze the conceptual link between these two cases. In economic interactions fat tails arise because the richest…

综合物理 · 物理学 2016-01-25 G. Modanese

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…

综合金融 · 定量金融 2015-06-23 Guy Katriel

We review briefly the concepts underlying complex systems and probability distributions. The later are often taken as the first quantitative characteristics of complex systems, allowing one to detect the possible occurrence of regularities…

数据分析、统计与概率 · 物理学 2007-07-17 D. Sornette

Empirical distributions of wealth and income can be reproduced using simplified agent-based models of economic interactions, analogous to microscopic collisions of gas particles. Building upon these models of freely interacting agents, we…

物理与社会 · 物理学 2020-03-10 Lennart Fernandes , Jacques Tempere

Wealth distribution is a complex and critical aspect of any society. Information exchange is considered to have played a role in shaping wealth distribution patterns, but the specific dynamic mechanism is still unclear. In this research, we…

计算机视觉与模式识别 · 计算机科学 2023-04-04 Yang Shao , Hirokazu Atsumori , Tadayuki Matsumura , Kanako Esaki , Shunsuke Minusa , Hiroyuki Mizuno

We build a statistical ensemble representation of two economic models describing respectively, in simplified terms, a payment system and a credit market. To this purpose we adopt the Boltzmann-Gibbs distribution where the role of the…

综合金融 · 定量金融 2012-07-06 Stefano Viaggiu , Andrea Lionetto , Leonardo Bargigli , Michele Longo

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