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The power-law exponent and the competition rule of the high income model

In: Practical Fruits of Econophysics

Author

Listed:
  • Keizo Yamamoto

    (Setsunan University)

  • Sasuke Miyazima

    (Chubu University)

  • Hiroshi Yamamoto

    (Yokohama City University)

  • Toshiya Ohtsuki

    (Yokohama City University)

  • Akihiro Fujihara

    (Yokohama City University)

Abstract

Summary We propose a model for power-law problem in high-income against ranking. This model is so simple that we can examine the effect of some differences in competition rules where we obtain different power-law exponents as well as exact analysis by the master equation.

Suggested Citation

  • Keizo Yamamoto & Sasuke Miyazima & Hiroshi Yamamoto & Toshiya Ohtsuki & Akihiro Fujihara, 2006. "The power-law exponent and the competition rule of the high income model," Springer Books, in: Hideki Takayasu (ed.), Practical Fruits of Econophysics, pages 349-353, Springer.
    • Handle: RePEc:spr:sprchp:978-4-431-28915-9_64
    DOI: 10.1007/4-431-28915-1_64
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    Cited by:

    1. Maciej Jagielski & Ryszard Kutner, 2011. "Wealth Modeling of Polish Households Using Statistical Methods," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 25.

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