New Economic Windows

Econophysics of Wealth Distributions

Econophys-Kolkata I

Editors: Chatterjee, Arnab, Yarlagadda, Sudhakar, Chakrabarti, Bikas K. (Eds.)

Buy this book

eBook $109.00
price for USA (gross)
  • ISBN 978-88-470-0389-7
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $149.00
price for USA
  • ISBN 978-88-470-0329-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $149.00
price for USA
  • ISBN 978-88-470-5547-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

Understanding the distribution of income and wealth in an economy has been a classic problem in economics for the last hundred years. Apart from the rapidly decaying number density of people with their income crossing over to a robust power law for the very rich, known as the Pareto power-law, after Vilfredo Pareto. With the availability of accurate data from finance/income-tax departments of various countries, several robust features of the income distribution have been established.

This field had been dormant for more than a decade, although accurate data had been accumulated over this period. The recent enthusiasm comes mainly from the physicists modelling of markets in analogy with physical systems like gases etc. This is the first book reporting exhaustively on these developments over the last decade by leaders in the field

The book will report on the major models developed mainly by the (econo-) physicists over the last decade. Almost all the major physicists and economists involved in these studies will review their latest work and the associated developments.

Table of contents (28 chapters)

  • Pareto’s Law of Income Distribution: Evidence for Germany, the United Kingdom, and the United States

    Clementi, Fabio (et al.)

    Pages 3-14

  • Two-class Structure of Income Distribution in the USA: Exponential Bulk and Power-law Tail

    Yakovenko, Victor M. (et al.)

    Pages 15-23

  • Pareto-Zipf, Gibrat’s Laws, Detailed-Balance and their Breakdown

    Fujiwara, Yoshi

    Pages 24-33

  • Empirical study and model of personal income

    Souma, Wataru (et al.)

    Pages 34-42

  • Blockbusters, Bombs and Sleepers: The Income Distribution of Movies

    Sinha, Sitabhra (et al.)

    Pages 43-47

Buy this book

eBook $109.00
price for USA (gross)
  • ISBN 978-88-470-0389-7
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $149.00
price for USA
  • ISBN 978-88-470-0329-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $149.00
price for USA
  • ISBN 978-88-470-5547-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Loading...

Recommended for you

Loading...

Bibliographic Information

Bibliographic Information
Book Title
Econophysics of Wealth Distributions
Book Subtitle
Econophys-Kolkata I
Editors
  • Arnab Chatterjee
  • Sudhakar Yarlagadda
  • Bikas K. Chakrabarti
Series Title
New Economic Windows
Copyright
2005
Publisher
Springer-Verlag Mailand
Copyright Holder
Springer-Verlag Milan
eBook ISBN
978-88-470-0389-7
DOI
10.1007/88-470-0389-X
Hardcover ISBN
978-88-470-0329-3
Softcover ISBN
978-88-470-5547-6
Series ISSN
2039-411X
Edition Number
1
Number of Pages
IX, 248
Topics