Wealth Redistribution and Mutual Aid: Comparison Using Equivalent/Non-Equivalent Exchange Models of Econophysics

Given wealth inequality worldwide, there is an urgent need to identify the mode of wealth exchange through which it arises. To address the research gap regarding models that combine equivalent exchange and redistribution, this study compares an equivalent market exchange with redistribution based on...

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Bibliographic Details
Main Author: Takeshi Kato
Format: Article
Language:English
Published: MDPI AG 2023-01-01
Series:Entropy
Subjects:
Online Access:https://www.mdpi.com/1099-4300/25/2/224