The power-law exponent and the competition rule of the high income model

Keizo Yamamoto, Sasuke Miyazima, Hiroshi Yamamoto, Toshiya Ohtsuki and Akihiro Fujihara
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Keizo Yamamoto: Setsunan University
Sasuke Miyazima: Chubu University
Hiroshi Yamamoto: Yokohama City University
Toshiya Ohtsuki: Yokohama City University
Akihiro Fujihara: Yokohama City University

A chapter in Practical Fruits of Econophysics, 2006, pp 349-353 from Springer

Abstract: Summary We propose a model for power-law problem in high-income against ranking. This model is so simple that we can examine the effect of some differences in competition rules where we obtain different power-law exponents as well as exact analysis by the master equation.

Keywords: High-income model; Power-law exponent; High-income ranking; Fractal; Master equation (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_64

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DOI: 10.1007/4-431-28915-1_64

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