Deriving the size distribution of personal wealth from “the rich get richer, the poor get poorer”

DOI10.1080/0022250X.1993.9990114zbMath0789.62092OpenAlexW2094953288MaRDI QIDQ3141157

John Angle

Publication date: 13 June 1994

Published in: The Journal of Mathematical Sociology (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/0022250x.1993.9990114

zbMATH Keywords

equilibrium distributioninequality processpersonal wealthinteracting particle system model of wealth distributionmixture of negative binomial probability functionssurplus theory of social stratificationtwo parameter gamma probability density function

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Interacting random processes; statistical mechanics type models; percolation theory (60K35) Special processes (60K99) Statistical methods; economic indices and measures (91B82) Mathematical sociology (including anthropology) (91D99)

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Cites Work

• Some Generalized Functions for the Size Distribution of Income
• An Analysis of Some Properties of Alternative Measures of Income Inequality Based on the Gamma Distribution Function
• Some Summation Theorems on the Hahn Polynomials
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