paper

Distribution Of Wealth In A Network Model Of The Economy

arXiv:1208.2696 · doi:10.1016/j.physa.2013.01.045

Abstract

We show, analytically and numerically, that wealth distribution in the Bouchaud-Mézard 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.

8 pages, 5 figures

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