Econophysics of Wealth Distributions: Econophys-Kolkata I (New Economic Windows)

by Bikas K . Chakrabarti (Editor), Arnab Chatterjee (Editor), SudhakarYarlagadda (Editor)

• New

  Hardcover
  2005

  $127.91

  for the destitutes), the population decreases either exponentially or in a log-normal way for the ma- jority of 'middle income' group, and it eventually decreases following a power law (Pareto law, following Vilfredo Pareto's observation in 1896) for the rich- est 5-10 % of the population!