Analysis of Solidarity Effect for Entropy, Pareto, and Gini Indices on Two-Class Society Using Kinetic Wealth Exchange Model
It is well known that two different underlying dynamics lead to different patterns of income/wealth distribution such as the Boltzmann–Gibbs form for the lower end and the Pareto-like power-law form for the higher-end. The Boltzmann–Gibbs distribution is naturally derived from maximizing the entropy...
Main Authors: | Gyuchang Lim, Seungsik Min |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2020-03-01
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Series: | Entropy |
Subjects: | |
Online Access: | https://www.mdpi.com/1099-4300/22/4/386 |
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