Exponential and power-law probability distributions of wealth and income in the United Kingdom and the United States

From MaRDI portal
Publication:5947882


DOI10.1016/S0378-4371(01)00298-9zbMath0974.91519arXivcond-mat/0103544MaRDI QIDQ5947882

Adrian Drăgulescu, Victor M. Yakovenko

Publication date: 23 October 2001

Published in: Physica A (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/cond-mat/0103544


91B74: Economic models of real-world systems (e.g., electricity markets, etc.)


Related Items

On distribution-free goodness-of-fit testing of exponentiality, Non-extensive entropy econometrics: new statistical features of constant elasticity of substitution-related models, Statistical mechanics of economics I, Numerical simulation of entropy growth for a nonlinear evolutionary model of random markets, A statistical test of Walrasian equilibrium by means of complex networks theory, Exponential wealth distribution in a random market. A rigorous explanation, Measurement invariance, entropy, and probability, Basic kinetic wealth-exchange models: common features and open problems, \(\kappa \)-generalized statistics in personal income distribution, The Forbes 400, the Pareto power-law and efficient markets, A unified framework for the Pareto law and matthew effect using scale-free networks, Agent-based model of the effect of globalization on inequality and class mobility, Influence of money distribution on civil violence model, Transfer potentials shape and equilibrate monetary systems, Growth and fluctuations of personal income, The small-world of economy: a speculative proposal, A trade-investment model for distribution of wealth, Unhedgeable shocks and statistical economic equilibrium, Some kinetic models for a market economy, On steady distributions of kinetic models of conservative economies, The Inequality Process Versus the Saved Wealth Model: Which Is the More Likely to Imply an Analogue of Thermodynamics in Social Science?, Random Market Models with an H-Theorem, NONLIFE INSURANCE PRICING: STATISTICAL MECHANICS VIEWPOINT, Exponential wealth distribution : a new approach from functional iteration theory



Cites Work