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Wealth distribution model with distribution factor introduced by game.
- Source :
- Journal of Dalian University of Technology / Dalian Ligong Daxue Xuebao; 2012, Vol. 52 Issue 5, p776-780, 5p
- Publication Year :
- 2012
-
Abstract
- A game is introduced into the traditional wealth distribution model for establishing the rules of wealth distribution. The wealth distribution is discussed in both situations of with and without the saving propensity. The experimental results show that when there are no saving propensities, the objective impact factors have no obvious effect on the trend of wealth distribution for the entire group, while the closer the trading strategy is to the objective impact factor, the more amount of wealth can be obtained for the individual agent. When there are saving propensities? the agent-construction of wealth distribution is determined by the similarity between individual strategy and objective impact factors. The value of saving propensity has obvious effect on the trend of wealth distribution, that is " the smaller the saving propensity is, the more concentrated the wealth distribution is. [ABSTRACT FROM AUTHOR]
- Subjects :
- PROPENSITY to save
WEALTH
STOCKS (Finance)
RULES
GUIDELINES
Subjects
Details
- Language :
- Chinese
- ISSN :
- 10008608
- Volume :
- 52
- Issue :
- 5
- Database :
- Supplemental Index
- Journal :
- Journal of Dalian University of Technology / Dalian Ligong Daxue Xuebao
- Publication Type :
- Academic Journal
- Accession number :
- 84270589