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Income and wealth distribution in a simple model of growth

✍ Scribed by Gerhard Sorger


Publisher
Springer
Year
2000
Tongue
English
Weight
177 KB
Volume
16
Category
Article
ISSN
0938-2259

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Model of wealth and goods dynamics in a
✍ Marcel Ausloos; Andrzej PeΒΈkalski πŸ“‚ Article πŸ“… 2007 πŸ› Elsevier Science 🌐 English βš– 420 KB

A simple computer simulation model of a closed market on a fixed network with free flow of goods and money is introduced. The model contains only two variables: the amount of goods and money beside the size of the system. An initially flat distribution of both variables is presupposed. We show that