Ghosh, Asim ; Chatterjee, Arnab ; Inoue, Jun-ichi ; Chakrabarti, Bikas K. (2016) Inequality measures in kinetic exchange models of wealth distributions Physica A: Statistical Mechanics and its Applications, 451 . pp. 465-474. ISSN 03784371
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Official URL: http://doi.org/10.1016/j.physa.2016.01.081
Related URL: http://dx.doi.org/10.1016/j.physa.2016.01.081
Abstract
In this paper, we study the inequality indices for some models of wealth exchange. We calculated Gini index and newly introduced -index and compare the results with reported empirical data available for different countries. We have found lower and upper bounds for the indices and discuss the efficiencies of the models. Some exact analytical calculations are given for a few cases. We also exactly compute the quantities for Gamma and double Gamma distributions.
| Item Type: | Article |
|---|---|
| Source: | Copyright of this article belongs to Elsevier B.V. |
| Keywords: | Kinetic models of wealth distributionInequality;Gini index |
| ID Code: | 128795 |
| Deposited On: | 03 Nov 2022 09:57 |
| Last Modified: | 03 Nov 2022 09:57 |
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