Distribution of wealth in a network model of the economy

被引:20
|
作者
Ma, Tao [1 ]
Holden, John G. [2 ]
Serota, R. A. [1 ]
机构
[1] Univ Cincinnati, Dept Phys, Cincinnati, OH 45244 USA
[2] Univ Cincinnati, Dept Psychol, CAP Ctr Cognit Act & Percept, Cincinnati, OH 45244 USA
关键词
Network model; Small world network; Wealth distribution; Mean field theory; Effective field theory; Generalized inverse gamma distribution; Pareto; Power-law tail; Fokker-Planck equation; INCOME;
D O I
10.1016/j.physa.2013.01.045
中图分类号
O4 [物理学];
学科分类号
0702 ;
摘要
We show, analytically and numerically, that wealth distribution in the Bouchaud-Mezard network model of the economy is described by a three-parameter generalized inverse gamma distribution. In the mean-field limit of a network with any two agents linked, it reduces to the inverse gamma distribution. (C) 2013 Elsevier B.V. All rights reserved.
引用
收藏
页码:2434 / 2441
页数:8
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