Econophysics of income and wealth distributions / Bikas K. Chakrabarti, Saha Institute of Nuclear Physics, Anirban Chakraborti, École Centrale Paris, Satya R. Chakravarty, Indian Statistical Institute, Arnab Chatterjee, Aalto University.

"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. This book introduces the elegant and intriguing kinetic exchange models that physicists have developed to tackle these...

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Bibliographic Details
Main Author: Chakrabarti, B. K. (Bikas K.), 1952-
Other Authors: Chakraborti, Anirban
Chakravarty, Satya R.
Chatterjee, Arnab
Language:English
Published: Cambridge : Cambridge University Press, 2013.
Subjects:
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Physical Description:ix, 214 pages : illustrations ; 26 cm
Format: Book
Contents:
  • Machine generated contents note: 1. Introduction; 2. Income and wealth distribution data for different countries; 3. Major socio-economic modellings; 4. Market exchanges and scattering process; 5. Analytic structure of the kinetic exchange market models; 6. Microeconomic foundation of the kinetic exchange models; 7. Dynamics: generation of income, inequality and development; 8. Outlook; References; Index.