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

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

John Angle

Publication date: 13 June 1994

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

zbMATH Keywords

equilibrium distribution; inequality process; personal wealth; interacting particle system model of wealth distribution; mixture of negative binomial probability functions; surplus theory of social stratification; two parameter gamma probability density function

Mathematics Subject Classification ID

62P20: Applications of statistics to economics

60K35: Interacting random processes; statistical mechanics type models; percolation theory

60K99: Special processes

91B82: Statistical methods; economic indices and measures

91D99: Mathematical sociology (including anthropology)

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Cites Work

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• 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