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physics.soc-ph2026
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…
physics.soc-ph2026
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…