Colloquium: Statistical mechanics of money, wealth, and income

VM Yakovenko, JB Rosser Jr - Reviews of modern physics, 2009 - APS
This Colloquium reviews statistical models for money, wealth, and income distributions
developed in the econophysics literature since the late 1990s. By analogy with the …

Econophysics review: II. Agent-based models

A Chakraborti, IM Toke, M Patriarca… - Quantitative …, 2011 - Taylor & Francis
This article is the second part of a review of recent empirical and theoretical developments
usually grouped under the heading Econophysics. In the first part, we reviewed the statistical …

Talent versus luck: The role of randomness in success and failure

A Pluchino, AE Biondo, A Rapisarda - Advances in Complex …, 2018 - World Scientific
The largely dominant meritocratic paradigm of highly competitive Western cultures is rooted
on the belief that success is mainly due, if not exclusively, to personal qualities such as …

Perspective—from Gaussian to Paretian thinking: Causes and implications of power laws in organizations

P Andriani, B McKelvey - Organization science, 2009 - pubsonline.informs.org
Although normal distributions and related current quantitative methods are still relevant for
some organizational research, the growing ubiquity of power laws signifies that Pareto …

[图书][B] Econophysics of income and wealth distributions

BK Chakrabarti, A Chakraborti, SR Chakravarty… - 2013 - books.google.com
The distribution of wealth and income is never uniform, and philosophers and economists
have tried for years to understand the reasons and formulate remedies for such inequalities …

Kinetic exchange models for income and wealth distributions

A Chatterjee, BK Chakrabarti - The European Physical Journal B, 2007 - Springer
Increasingly, a huge amount of statistics have been gathered which clearly indicates that
income and wealth distributions in various countries or societies follow a robust pattern …

Econophysics, statistical mechanics approach to

VM Yakovenko - arXiv preprint arXiv:0709.3662, 2007 - arxiv.org
This is a review article for Encyclopedia of Complexity and System Science, to be published
by Springer http://refworks. springer. com/complexity/. The paper reviews statistical models …

Kinetic equations modelling wealth redistribution: a comparison of approaches

B Düring, D Matthes, G Toscani - … Review E—Statistical, Nonlinear, and Soft …, 2008 - APS
Kinetic equations modelling the redistribution of wealth in simple market economies is one
of the major topics in the field of econophysics. We present a unifying approach to the …

Basic kinetic wealth-exchange models: common features and open problems

M Patriarca, E Heinsalu, A Chakraborti - The European Physical Journal B, 2010 - Springer
We review the basic kinetic wealth-exchange models of Angle [J. Angle, Social Forces 65,
293 (1986); J. Math. Sociol. 26, 217 (2002)], Bennati [E. Bennati, Rivista Internazionale di …

Kinetic models of immediate exchange

E Heinsalu, M Patriarca - The European Physical Journal B, 2014 - Springer
We propose a novel kinetic exchange model differing from previous ones in two main
aspects. First, the basic dynamics is modified in order to represent economies where …