A Mathematical Model of Universal Basic Income and Its Numerical Simulations
In this paper, an elementary mathematical model describing the introduction of a universal basic income in a closed market society is constructed. The model is formulated in terms of a system of nonlinear ordinary differential equations, each of which gives account of how the number of individuals i...
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| Format: | Article |
| Language: | English |
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MDPI AG
2021-11-01
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| Series: | Algorithms |
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| Online Access: | https://www.mdpi.com/1999-4893/14/11/331 |