This Colloquium reviews statistical models for money, wealth, and income distributions
developed in the econophysics literature since the late 1990s. By analogy with the …

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 …

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 …

Tools of the theory of critical phenomena, namely the scaling analysis and universality, are
argued to be applicable to large complex web-like network structures. Using a detailed …

We present and discuss various one-dimensional linear Fokker–Planck-type equations that
have been recently considered in connection with the study of interacting multi-agent …

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 …

Power law distributions, also known as heavy tail distributions, model distinct real life
phenomena in the areas of biology, demography, computer science, economics, information …

We study a statistical model consisting of N basic units which interact with each other by
exchanging a physical entity, according to a given microscopic random law, depending on a …

The higher-end tail of the wealth distribution in India is studied using recently published lists
of the wealth of richest Indians between the years 2002–2004. The resulting rank distribution …

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 …