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E-book
Author Chakrabarti, B. K. (Bikas K.), 1952-

Title Econophysics of income and wealth distributions / Bikas K. Chakrabarti, Anirban Chakraborti, Satya R. Chakravarty, Arnab Chatterjee
Published Cambridge : Cambridge University Press, 2013
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Description 1 online resource (ix, 214 pages) : illustrations
Contents Income and wealth distribution data for different countries -- Major socioeconomic modelling -- Market exchange and scattering process -- Analytic structure of the kinetic exchange models -- Microeconomic foundation of kinetic exchange models -- Dynamics : generation of income, inequality and development -- Outlook
Summary "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"-- Provided by publisher
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Income distribution
Wealth
Econophysics
BUSINESS & ECONOMICS -- Statistics.
BUSINESS & ECONOMICS -- Economics -- Macroeconomics.
POLITICAL SCIENCE -- Economic Conditions.
Econophysics.
Income distribution.
Wealth.
Form Electronic book
Author Chakraborti, Anirban
Chakravarty, Satya R
Chatterjee, Arnab
LC no. 2012032861
ISBN 9781139625142 (electronic bk.)
1139625144 (electronic bk.)
9781139004169 (electronic bk.)
1139004166 (electronic bk.)
9781139615846
113961584X
9781299257665
1299257666
9781139612128 (e-book)
1139612123