4 papers
Does the Power-Law Advantage in the Tails Outweigh the Global q-Gaussian Description?
Eduardo Boor, Roberto da Silva, Joao Carlos Schmitt de Siqueira +1
Financial markets are complex systems whose return distributions exhibit heavy tails, traditionally described by power laws. An alternative framework based on Tsallis nonextensive…
Phase Transitions in Economic Inequality:Taxation and Extremal Replacement Dynamics
Lautaro Giordano, Sebastian Gonçalves, José Roberto Iglesias +1
We present a minimal agent-based model of interacting agents characterized by their wealth to study taxation and inequality in a non-conservative economy. Wealth evolves through an…
The Inequity of Consumption-Based Tax Systems
Thiago Dias, José Roberto Iglesias, Sebastián Gonçalves
This study examines the lack of redistributive effectiveness of consumption-based tax systems with respect to social fairness. Through numerical simulations, we explore the wealth…
Interplay of Reward and Size of Groups in the Optional Public Goods Game
Eduardo V. Stock, Pablo A. Valverde, Juan Carlos González-Avella +3
The Optional Public Goods Game is a three-strategy game in which an individual can play as a cooperator or defector or decide not to participate. Despite its simplicity, this model…