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We present a simple model for examining the wealth distribution with agents playing evolutionary games (the Prisoners’ Dilemma and the Snowdrift Game) on complex networks. Pareto’s power law distribution of wealth (from 1897) is reproduced on a scale-free network, and the Gibbs or log-normal...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010589261
In this paper, we investigate the wealth distribution with agents playing evolutionary games on a scale-free social network adopting the Richest-Following strategy. Pareto's power-law distribution (1897) of wealth is demonstrated with power factor in agreement with that of US or Japan. Moreover,...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010590381