The last 25 years have seen the development of a significant literature within the subfield of
econophysics which attempts to model economic inequality as the emergent property of …

We model a macroeconomy with stock-flow consistent national accounts built from the local
interactions of heterogenous agents (households, firms, bankers, and a government) …

Many recent models of trade dynamics use the simple idea of wealth exchanges among
economic agents in order to obtain a stable or equilibrium distribution of wealth among the …

In simulations of some economic gas-like models, the asymptotic regime shows an
exponential wealth distribution, independently of the initial wealth distribution given to the …

Personal income distribution may exhibit a two-class structure, such that the lower income
class of the population (85–98%) is described by exponential Boltzmann-Gibbs distribution …

Different approaches are possible in order to derive the exponential regime in statistical
systems. Here, a new functional equation is proposed in an economic context to explain the …

In complex systems, many different parts interact in nonobvious ways. Traditional research
focuses on a few or a single aspect of the problem so as to analyse it with the tools …

Spatial pattern formation is a key feature of many natural systems in physics, chemistry, and
biology. The essential theoretical issue in understanding pattern formation is to explain how …

This paper revisits the fitting of parametric distributions to earned income data. In line with
Camilo Dagum's dictum that candidate distribution should not only be chosen for fit, but that …

The one-dimensional deterministic economic model recently studied by González-Estévez
et al.[J. González-Estévez, MG Cosenza, R. López-Ruiz, JR Sanchez, Physica A 387 (2008) …