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Health and Wealth among the Poor: India and South Africa Compared
Health Wealth the Poor India South Africa Compared
2014/3/14
Health and wealth are the two most important components of well-being. Rankings of wellbeing based on income will differ from more comprehensive rankings, depending on the way that income and health a...
Gaussian Noise Effects on the Evolution of Wealth in a Closed System of n-Economies
stochastic economic agents wealth distribution
2011/3/23
Based on the stochastic model proposed by Patriarca-Kaski-Chakraborti that describes the exchange of wealth between $n$ economic agents, we analyze the evolution of the corresponding economies under t...
We discuss the equivalence between kinetic wealth-exchange models, in which agents exchange wealth during trades, and mechanical models of particles, exchanging energy during collisions. The universal...
Health and Wealth among the Poor: India and South Africa Compared
Health Wealth Poor India South Africa Compared
2014/3/17
Health and wealth are the two most important components of well-being. Rankings of wellbeing based on income will differ from more comprehensive rankings, depending on the way that income and health a...