Title of article :
Why only few are so successful?
Author/Authors :
P.K. Mohanty، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2007
Abstract :
In many professions employees are rewarded according to their relative performance. Corresponding economy can be modeled by taking N independent agents who gain from the market with a rate which depends on their current gain. We argue that this simple realistic rate generates a scale-free distribution even though intrinsic ability of agents are marginally different from each other. As an evidence we provide distribution of scores for two different systems (a) the global stock game where players invest in real stock market and (b) the international cricket.
Journal title :
Physica A Statistical Mechanics and its Applications
Journal title :
Physica A Statistical Mechanics and its Applications