A distribution function analysis of wealth distribution

Details A distribution function analysis of wealth distribution A distribution function analysis of wealth distribution

2003-10-15

arxiv.org/abs/cond-mat/0310343v1

Physics

Condensed Matter

Statistical Mechanics

6 pages and 5 PS figures

Scientific paper

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 people interaction with wealthy entities (huge reservoir) is relevant. At equilibrium, the interaction with wealthy entities gives a power law (Pareto-like) behavior in the wealth distribution while the two party interaction gives a distribution similar to that reported earlier.

Affiliated with

Also associated with

No associations

Rating

A distribution function analysis of wealth distribution does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.

If you have personal experience with A distribution function analysis of wealth distribution, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and A distribution function analysis of wealth distribution will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFWR-SCP-O-527304