Kinetic models for wealth distribution in a simple market economy are introduced, to reproduce the salient features of the wealth distribution by including taxes to each trading process and redistributing the collected money among the population according to a given criterion. Our analysis gives a theoretical basis to some recent research that analyzed discrete simplified models for the exploitation of finite resources by interacting agents, where each agent receives a random fraction of the available resources. It is shown that in general the redistribution is able to modify the Pareto index, and that this modification can be quantified in terms of the redistribution operator.

Kinetic models of conservative economies with wealth redistribution

TOSCANI, GIUSEPPE
2009-01-01

Abstract

Kinetic models for wealth distribution in a simple market economy are introduced, to reproduce the salient features of the wealth distribution by including taxes to each trading process and redistributing the collected money among the population according to a given criterion. Our analysis gives a theoretical basis to some recent research that analyzed discrete simplified models for the exploitation of finite resources by interacting agents, where each agent receives a random fraction of the available resources. It is shown that in general the redistribution is able to modify the Pareto index, and that this modification can be quantified in terms of the redistribution operator.
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11571/204956
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 46
  • ???jsp.display-item.citation.isi??? 41
social impact