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Book Categories |
| Pareto's law of income distribution : evidence for Germany, the United Kingdom, and the United States | 3 | |
| Two-class structure of income distribution in the USA : exponential bulk and power-law tail | 15 | |
| Pareto-zipf, Gibrat's laws, detailed-balance and their breakdown | 24 | |
| Empirical study and model of personal income | 34 | |
| Blockbusters, bombs and sleepers : the income distribution of movies | 43 | |
| Emergent statistical wealth distributions in simple monetary exchange models : a critical review | 51 | |
| Lagrange principle of wealth distribution | 61 | |
| Carnot process of wealth distribution | 70 | |
| Ideal-gas like markets : effect of savings | 79 | |
| Kinetic theory models for the distribution of wealth : power law from overlap of exponentials | 93 | |
| Detailed simulation results for some wealth distribution models in econophysics | 111 | |
| Dynamics of money and income distributions | 120 | |
| Dynamic process of money transfer models | 126 | |
| A stochastic trading model of wealth distribution | 137 | |
| Wealth distribution in a network with correlations between links and success | 149 | |
| The monomodal, polymodal, equilibrium and nonequilibrium distribution of money | 159 | |
| Relieving poverty by modifying income and wealth distributions | 168 | |
| The rich are different! : Pareto law from asymmetric interactions in asset exchange models | 177 | |
| Do we all face the same constraints? | 184 | |
| A stochastic model of wealth distribution | 195 | |
| How the rich get richer | 199 | |
| Power-law distribution in an emerging capital market | 205 | |
| Statistical analysis on Bombay stock market | 210 | |
| Funds management by banks in India : solution to a persisting optimization problem | 214 | |
| Income distribution in the Boltzmann-Pareto framework | 218 | |
| Econophys-Kolkata : a short story | 225 | |
| Econophysics of wealth distribution : a comment | 229 | |
| Econophysics of wealth distributions : workshop summaries | 239 |
| Price | Condition | Delivery | Seller | Action |
| $126.90 | Digital |
| WonderClub |
Nicholas Coll
reviewed Econophysics of Wealth Distributions on October 06, 2009
Econophysics of Wealth Distributions
I have a bachelor degree in International Studies and almost have a masters degree in International Economics, both entailed subjects about statistical analysis, yet here was I still unable to do a simple research. As I felt ashamed by my ignorance I decided to pick up this book at the publisher's sale for a great price. Best decision I made in a long time.
If you meticulously go through the book you will understand the relationship between two variables (correlation) and more than two variables (regression). The book mainly concerns these two models and their intricacies, with an emphasis on regression and time-series data. The main catch the author offers is that you don't need deep mathematical knowledge to either do or understand these kinds of operations, it can be understood logically or by common sense. He mostly delivers on this promise (sometimes the lack of maths make some explanations confusing, but this is the price to pay) so anyone can pick this up and understand it.
The explanations are clear, the exercises are on par with your understanding and help to prove the underlying concepts. The whole arch of the book is so that you gradually, without even noticing, start doing much more lifelike and interesting problems, building on the previously learnt knowledge.
If you ever need to do some research with data and don't know how this book is a great help and you don't need to stress yourself with the difficult math that makes it all work if you don't want to (although the author admits that in order to achieve full understanding, and some difficult problems will require you to pick up more comprehensive books).
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Add Econophysics of Wealth Distributions, Understanding the distribution of income and wealth in an economy has been a classic problem in economics for the last hundred years. Apart from the rapidly decaying number density of people with their income crossing over to a robust power law for the ve, Econophysics of Wealth Distributions to the inventory that you are selling on WonderClubX
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Add Econophysics of Wealth Distributions, Understanding the distribution of income and wealth in an economy has been a classic problem in economics for the last hundred years. Apart from the rapidly decaying number density of people with their income crossing over to a robust power law for the ve, Econophysics of Wealth Distributions to your collection on WonderClub |