On The Wealth Distribution Of A Simulated Kinetic Economy With An Arbitrary Fraction of Agents Networking Trading Opportunities

Autor:	Sidiq Mohamad Khidzir, Wan Ahmad Tajuddin Wan Abdullah, H. B. Senin, G. Carini, J. B. Abdullah, D. A. Bradley
Rok vydání:	2008
Předmět:	Microeconomics Computer Science::Computer Science and Game Theory Chatterjee Value (economics) Exponent Pareto principle Economics Arbitrary Fraction Wealth distribution Scaling circuits Mathematical economics Power law
Zdroj:	AIP Conference Proceedings.
ISSN:	0094-243X
DOI:	10.1063/1.2940666
Popis:	We study a trading model where agents trade money based on an arbitrary random fractions similar to works done by Chakraborti and Chatterjee, arXiv:0710.0917, but embed a networking capability to an arbitrary percentage of agents. We do this to see the effects on the power law in the wealth distribution. Our studies show that the percentage of networking affects the value of the Pareto Exponent.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::c6d655f87b0685254f364cacf879ebba https://doi.org/10.1063/1.2940666 Zobrazit plný text záznamu