Title of article :
Simulating the wealth distribution with a Richest-Following strategy on scale-free network
Author/Authors :
Mao-bin Hu، نويسنده , , Rui Jiang، نويسنده , , Qing-Song Wu، نويسنده , , Yong-Hong Wu، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2007
Abstract :
In this paper, we investigate the wealth distribution with agents playing evolutionary games on a scale-free social network adopting the Richest-Following strategy. Paretoʹs power-law distribution (1897) of wealth is demonstrated with power factor in agreement with that of US or Japan. Moreover, the agentʹs personal wealth is proportional to its number of contacts (connectivity), and this leads to the phenomenon that the rich gets richer and the poor gets relatively poorer, which agrees with the Matthew Effect
Journal title :
Physica A Statistical Mechanics and its Applications
Journal title :
Physica A Statistical Mechanics and its Applications