Two distinct classes can be seen as revealed by two distinct curves. Lower Class plotting out a Bolzmann-Gibbs exponential law and the Upper class clearly defined by a Pareto-power law.
(PDF) Statistical Mechanics of Money, Income, and Wealth - KITP Online
online.kitp.ucsb.edu/online/colloq/yakovenko1/pdf/Yakovenko.pdf
by VM Yakovenko - Cited by 4 - Related articles
Dr. Victor Yakovenko, University of Maryland (KITP Colloquium 6/02/04). 1. 1. Statistical ... Boltzmann-Gibbs probability distribution P(m) ∝ exp(−m/T) of money m, where T ... Very robust exponential law for the great majority of population.
- Forums
- Economics
- Thermodynmics of money and capital : explaining materialism
Thermodynmics of money and capital : explaining materialism, page-4
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online