The small-world of economy: a speculative proposal

DOI10.1016/S0378-4371(02)01883-6MaRDI QIDQ1874004zbMATH OpenFDO

Authors Z. D. Thomé, G. Corso, L. S. Lucena

Publication date 21 May 2003

Published in Physica A (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/S0378-4371(02)01883-6

zbMATH Keywords

connectivitynetwork modelsociety wealth distribution

Mathematics Subject Classification ID

Fundamental topics (basic mathematics, methodology; applicable to economics in general) (91B02) Social networks; opinion dynamics (91D30)

Recommendations

• Wealth redistribution in our small world
• Applications of small-world networks to some socio-economic systems
• A model for the evolution of economic systems in social networks
• Effects of network topology on wealth distributions
• Distribution of wealth in a network model of the economy

Cites work

• Exploring complex networks
• Exponential and power-law probability distributions of wealth and income in the United Kingdom and the United States
• Finite market size as a source of extreme wealth inequality and market instability
• scientific article; zbMATH DE number 1091847 (Why is no real title available?)
• Statistical mechanics of complex networks

Cited in

(8)

• Wealth redistribution in our small world
• A study of how the Watts-Strogatz model relates to an economic system's utility
• Effects of site dilution on the one-dimensional long-range bond-percolation problem
• Applications of small-world networks to some socio-economic systems
• Effects of network topology on wealth distributions
• The bounds of heavy-tailed return distributions in evolving complex networks
• A model for the evolution of economic systems in social networks
• A unified framework for the Pareto law and matthew effect using scale-free networks

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