Power-law behaviors in high income distribution

Sasuke Miyazima and Keizo Yamamoto
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Sasuke Miyazima: Chubu University
Keizo Yamamoto: Setsunan University

A chapter in Practical Fruits of Econophysics, 2006, pp 344-348 from Springer

Abstract: Summary We discussed a model in this paper which shows the power-law behavior in a ranking problem of income. The Monte Carlo simulation of our model shows a satisfactory fit with the data for Japanese and US CEOs. We have investigated the origin of the power-law behavior which is proven by some fractal structure formed in our model system.

Keywords: High-income ranking; Power-law distribution; Fractals; High-income model (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-4-431-28915-9_63

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DOI: 10.1007/4-431-28915-1_63

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