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Competition 1 Gamma pdf 1 Income distribution 1 Robust loser 1 Techno-cultural evolution 1 Wealth maximization 1
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Angle, John 1
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Physica A: Statistical Mechanics and its Applications 1
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The Inequality Process as a wealth maximizing process
Angle, John - In: Physica A: Statistical Mechanics and its Applications 367 (2006) C, pp. 388-414
The One Parameter Inequality Process (OPIP) long predates the Saved Wealth Model (SWM) to which it is isomorphic up to the different choice of stochastic driver of wealth exchange. Both are stochastic interacting particle systems intended to model wealth and income distribution. The OPIP and...
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