An agent-based model of the observed distribution of wealth in the United States
Pareto cautiously asserted that the wealth and income distributions which bear his name are universal, basing his argument on observations of this distribution in many different types of economies. In this paper, we present an agent based model (and a scalable approximation of it) in a closely relat...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Springer Verlag
2018
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Subjects: | |
Online Access: | View Fulltext in Publisher |