Distribution Of Wealth In A Network Model Of The Economy
AbstractWe show, analytically and numerically, that wealth distribution in the Bouchaud-M\'ezard network model of the economy is described by a three-parameter generalized inverse gamma distribution. In the mean-field limit of a network with any two agents linked, it reduces to the inverse gamma distribution.
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Bibliographic InfoPaper provided by arXiv.org in its series Papers with number 1208.2696.
Date of creation: Aug 2012
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Web page: http://arxiv.org/
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-08-23 (All new papers)
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