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Econophysics of Wealth Distributions: Econophys-Kolkata I (Electronic book text)
Econophysics of Wealth Distributions: Econophys-Kolkata I (Electronic book text): Arnab Chatterjee
Econophysics of Wealth Distributions: Econophys-Kolkata I (Electronic book text): Arnab Chatterjee

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Econophysics of Wealth Distributions: Econophys-Kolkata I (Electronic book text)

Arnab Chatterjee; Edited by Arnab Chatterjee, Sudhakar Yarlagadda, Bikas K. Chakrabarti

Series: New Economic Windows Econophys-Kolkata

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Understanding the distribution of income and wealth in an economy has been a classic problem in economics for the last hundred years. Apart from the rapidly decaying number density of people with their income crossing over to a robust power law for the very rich, known as the Pareto power-law, after Vilfredo Pareto. With the availability of accurate data from finance/income-tax departments of various countries, several robust features of the income distribution have been established. The book will report on the major models developed mainly by the (econo-) physicists over the last decade. Almost all the major physicists and economists involved in these studies will review their latest work and the associated developments. Physics models, in particular the gas models for markets will be extensively utilised and discussed. Apart from simulation studies and their comparison with the latest observed data, major analytical developments will be discussed.

General

Imprint: Springer
Country of origin: United States
Series: New Economic Windows Econophys-Kolkata
Release date: 2005
Authors: Arnab Chatterjee
Editors: Arnab Chatterjee • Sudhakar Yarlagadda • Bikas K. Chakrabarti
Format: Electronic book text
Pages: 248
ISBN-13: 978-1-280-94414-7
Barcode: 9781280944147
Categories: Promotions
Books > Business & Economics > Economics > Macroeconomics
Books > Business & Economics > Economics > Macroeconomics > General
Books > Science & Mathematics > Physics
Books > Science & Mathematics > Physics > General
LSN: 1-280-94414-5

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