Chakrabarti, Anindya S. - In: Physica A: Statistical Mechanics and its Applications 390 (2011) 23, pp. 4370-4378
We propose a stochastic map model of economic dynamics. In the past decade, an array of observations in economics has been investigated in the econophysics literature, a major example being the universal features of inequality in terms of income and wealth. Another area of enquiry is the...