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Persistent link: https://www.econbiz.de/10009280123
Anderson [Science <Emphasis Type="Bold">177, 293 (1972)] proposed the concept of complexity in order to describe the emergence and growth of macroscopic collective patterns out of the simple interactions of many microscopic agents. In the physical sciences this paradigm was implemented systematically and confirmed...</emphasis>
Persistent link: https://www.econbiz.de/10009280908
Statistical regularities at the top end of the wealth distribution in the United States are examined using the Forbes 400 lists of richest Americans, published between 1988 and 2003. It is found that the wealths are distributed according to a power-law (Pareto) distribution. This result is...
Persistent link: https://www.econbiz.de/10009282826