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...

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Bibliographic Details
Main Authors: Nutaro, J.J (Author), Perumalla, K.S (Author), Vallejos, H.A (Author)
Format: Article
Language:English
Published: Springer Verlag 2018
Subjects:
Online Access:View Fulltext in Publisher