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This paper discusses the size distribution, - in economic terms - of the Italian municipalities over the period 2007-2011. Yearly data are rather well fitted by a modified Lavalette law, while Zipf-Mandelbrot-Pareto law seems to fail in this doing. The analysis is performed either at a national...
Persistent link: https://www.econbiz.de/10011120458
This paper discusses region wealth size distributions, through their member cities aggregated tax income. As an illustration, the official data of the Italian Ministry of Economics and Finance has been considered, for all Italian municipalities, over the period 2007-2011. Yearly data of the...
Persistent link: https://www.econbiz.de/10010939154
This paper discusses the size distribution–in economic terms–of the Italian municipalities over the period 2007–2011. Yearly data are rather well fitted by a modified Lavalette law, while Zipf–Mandelbrot–Pareto law seems to fail in this doing. The analysis is performed either at a...
Persistent link: https://www.econbiz.de/10011194081
Is the present economic and financial crisis similar to some previous one? It would be so nice to prove that universality laws exist for predicting such rare events under a minimum set of realistic hypotheses. First, I briefly recall whether patterns, like business cycles, are indeed found, and...
Persistent link: https://www.econbiz.de/10011262835
For this special issue, the article aims at discussing a few econophysics problems studied so far rather successfully. The following "applications" in micro-econo-physics are considered : (i) financial crashes; it is emphasized that one can distinguish between endogenous and exogenous causes;...
Persistent link: https://www.econbiz.de/10011093970
Agent Based Modeling (ABM) has become a widespread approach to model complex interactions. In this chapter after briefly summarizing some features of ABM the different approaches in modeling spatial interactions are discussed. It is stressed that agents can interact either indirectly through a...
Persistent link: https://www.econbiz.de/10010765025
The cluster analysis methods are used in order to perform a comparative study of 15 EU countries in relation with the fluctuations of some basic macroeconomic indicators. The statistical distances between countries are calculated for various moving time windows, and the time variation of the...
Persistent link: https://www.econbiz.de/10005098693
Econophysics is a science in its infancy, born about ten years ago at this time of writing, at the crossing roads of physics, mathematics, computing and of course economics and finance. It also covers human sciences, because all economics is ultimately driven by human decision. From this human...
Persistent link: https://www.econbiz.de/10005083966
A microscopic approach to macroeconomic features is intended. A model for macroeconomic behavior under heterogeneous spatial economic conditions is reviewed. A birth-death lattice gas model taking into account the influence of an economic environment on the fitness and concentration evolution of...
Persistent link: https://www.econbiz.de/10005084331
This reviews the econophysics activities in Belgium from my admittedly biased point of view. Unknown historical notes or facts are presented for the first time explaining the aims, whence evolution of the research papers and friendly connections with colleagues. Comments on endeavors are also...
Persistent link: https://www.econbiz.de/10010600018