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Asymptotic Results in Broken Stick Models: The Approach via Lorenz Curves.

Authors :
Zbăganu, Gheorghiță
Source :
Mathematics (2227-7390). Apr2020, Vol. 8 Issue 4, p625-625. 1p.
Publication Year :
2020

Abstract

A stick of length 1 is broken at random into n smaller sticks. How much inequality does this procedure produce? What happens if, instead of breaking a stick, we break a square? What happens asymptotically? Which is the most egalitarian distribution of the smaller sticks (or rectangles)? Usually, when studying inequality, one uses a Lorenz curve. The more egalitarian a distribution, the closer the Lorenz curve is to the first diagonal of [ 0 ,   1 ] 2 . This is why in the first section we study the space of Lorenz curves. What is the limit of a convergent sequence of Lorenz curves? We try to answer these questions, firstly, in the deterministic case and based on the results obtained there in the stochastic one. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
22277390
Volume :
8
Issue :
4
Database :
Academic Search Index
Journal :
Mathematics (2227-7390)
Publication Type :
Academic Journal
Accession number :
143099242
Full Text :
https://doi.org/10.3390/math8040625