1.

Record Nr.

UNINA9910822068603321

Autore

Chakrabarti B. K (Bikas K.), <1952->

Titolo

Econophysics of income and wealth distributions / / Bikas K. Chakrabarti, Saha Institute of Nuclear Physics, Anirban Chakraborti, EĢcole Centrale Paris, Satya R. Chakravarty, Indian Statistical Institute, Arnab Chatterjee, Aalto University [[electronic resource]]

Pubbl/distr/stampa

Cambridge : , : Cambridge University Press, , 2013

ISBN

1-107-23491-3

1-139-61026-0

1-139-61212-3

1-139-60867-3

1-139-00416-6

1-139-62514-4

1-139-61584-X

1-299-25766-6

Descrizione fisica

1 online resource (ix, 214 pages) : digital, PDF file(s)

Classificazione

BUS061000

Disciplina

339.2

Soggetti

Income distribution

Wealth

Econophysics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Income and wealth distribution data for different countries -- Major socio-economic modelling -- Market exchanges and scattering process -- Analytic structure of the kinetic exchange market models -- Microeconomic foundation of the kinetic exchange models -- Dynamics : generation of income, inequality and development -- Outlook.

Sommario/riassunto

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 issues. This is the first monograph in econophysics focussed on the analyses and modelling of



these distributions, and is ideal for physicists and economists. It is written in simple, lucid language, with plenty of illustrations and in-depth analyses, making it suitable for researchers new to this field as well as specialized readers. It explores the origin of economic inequality and examines the scientific steps that can be taken to reduce this inequality in the future.