Econophysics of Income and Wealth Distributions
Book Details
Format
Hardback or Cased Book
ISBN-10
1107013445
ISBN-13
9781107013445
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
Mar 7th, 2013
Print length
222 Pages
Weight
59 grams
Dimensions
25.40 x 17.40 x 1.50 cms
Ksh 24,650.00
Manufactured on Demand
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Introducing the elegant and intriguing kinetic exchange models that physicists have developed to tackle the distribution of wealth and income, this book is ideal for physicists and economists. It is written in simple, lucid language, making it suitable for researchers new to this field as well as specialized readers.
The distribution of wealth and income is never uniform, and philosophers and economists have tried for years to understand the reasons and formulate remedies for such inequalities. This book introduces the elegant and intriguing kinetic exchange models that physicists have developed to tackle these issues. This is the first monograph in econophysics focussed on the analyses and modelling of these distributions, and is ideal for physicists and economists. It is written in simple, lucid language, with plenty of illustrations and in-depth analyses, making it suitable for researchers new to this field as well as specialized readers. It explores the origin of economic inequality and examines the scientific steps that can be taken to reduce this inequality in the future.
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