• Title of article

    Properties of wealth distribution in multi-agent systems of a complex network

  • Author/Authors

    Mao-Bin Hu، نويسنده , , Rui Jiang، نويسنده , , Yong-Hong Wu، نويسنده , , Ruili Wang، نويسنده , , Qing-Song Wu، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2008
  • Pages
    6
  • From page
    5862
  • To page
    5867
  • Abstract
    We present a simple model for examining the wealth distribution with agents playing evolutionary games (the Prisoners’ Dilemma and the Snowdrift Game) on complex networks. Pareto’s power law distribution of wealth (from 1897) is reproduced on a scale-free network, and the Gibbs or log-normal distribution for a low income population is reproduced on a random graph. The Pareto exponents of a scale-free network are in agreement with empirical observations. The Gini coefficient of an ER random graph shows a sudden increment with game parameters. We suggest that the social network of a high income group is scale-free, whereas it is more like a random graph for a low income group.
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Serial Year
    2008
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Record number

    872771