A model of the distribution of wealth in society will be presented. The model is based on an agent-based Monte Carlo simulation where interaction (exchange of wealth) is allowed along the edges of a small-world network. The interaction is like inelastic scattering and it is characterized by two constants. Simulations of the model show that the distribution behaves as a power-law and it agrees with results of Pareto.
机构:
Kyoto Univ, Inst Econ Res, Sakyo Ku, Yoshida Honmachi, Kyoto 6068501, JapanKyoto Univ, Inst Econ Res, Sakyo Ku, Yoshida Honmachi, Kyoto 6068501, Japan
Mino, Kazuo
Nakamoto, Yasuhiro
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机构:
Kansai Univ, Fac Informat, 2-1-1 Reizanji Cho, Takatsuki, Osaka 5691095, JapanKyoto Univ, Inst Econ Res, Sakyo Ku, Yoshida Honmachi, Kyoto 6068501, Japan