Exponential wealth distribution : a new approach from functional iteration theory

López-Ruiz, R (Universidad de Zaragoza) ; López, JL ; Calbet, X

Resumen: Different approaches are possible in order to derive the exponential regime in statistical systems. Here, a new functional equation is proposed in an economic context to explain the wealth exponential distribution. Concretely, the new iteration [1] given by Mathematical equation: [ecuación]

It is found that the exponential distribution is a stable fixed point of this functional iteration equation. From this point of view, it is easily understood why the exponential wealth distribution (or by extension, other kind of distributions) is asymptotically obtained in different multi-agent economic models.

Idioma: Inglés

DOI: 10.1051/proc/201236015

Año: 2012

Publicado en: ESAIM: Proceedings and Surveys 36 (2012), 189-196
ISSN: 2267-3059

Tipo y forma: Article (Published version)

Área (Departamento): Área Ciencia Comput.Intelig.Ar (Dpto. Informát.Ingenie.Sistms.)