360 citations · 1.8k across the 59 of their papers we have counts for
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q-fin.GN2016★ 8 cited
The Growth of Oligarchy in a Yard-Sale Model of Asset Exchange: A Logistic Equation for Wealth Condensation
Bruce M. Boghosian, Adrian Devitt-Lee, Hongyan Wang
The addition of wealth-attained advantage (WAA) to the Yard-Sale Model (YSM) of asset exchange has been demonstrated to induce wealth condensation. In a model of WAA for which the…
q-fin.GN2016
The Affine Wealth Model: An agent-based model of asset exchange that allows for negative-wealth agents and its empirical validation
Jie Li, Bruce M. Boghosian, Chengli Li
We present a stochastic, agent-based, binary-transaction Asset-Exchange Model (AEM) for wealth distribution that allows for agents with negative wealth. This model retains certain…