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In this paper, we study the long-run wealth distribution of agents with different trading strategies in the framework of the Genoa Artificial Stock Market.The Genoa market is an agent-based simulated market able to reproduce the main stylised facts observed in financial markets, i.e., fat-tailed...
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We present, solve and numerically simulate a simple model that describes the consequences of increased longevity for fertility rates, population growth and the distribution of wealth in developed societies. We look at the consequences of the repeated use of life extension techniques and show...
Persistent link: https://www.econbiz.de/10011062284
The first monograph in econophysics focussed on the analyses and modelling of these distributions, ideal for physicists …
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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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