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exchange models that physicists have developed to tackle these issues. This is the first monograph in econophysics focussed on …
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The first monograph in econophysics focussed on the analyses and modelling of these distributions, ideal for physicists …
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We study the effect of the social stratification on the wealth distribution on a system of interacting economic agents that are constrained to interact only within their own economic class. The economical mobility of the agents is related to its success in exchange transactions. Different wealth...
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Pareto law, which states that wealth distribution in societies has a power-law tail, has been the subject of intensive investigations in the statistical physics community. Several models have been employed to explain this behavior. However, most of the agent based models assume the conservation...
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