Entropy and equilibrium state of free market models

JR Iglesias, RMC De Almeida - The European Physical Journal B, 2012 - Springer
Many recent models of trade dynamics use the simple idea of wealth exchanges among
economic agents in order to obtain a stable or equilibrium distribution of wealth among the …

Wealth distribution for agents with spending propensity, interacting over a network

V Muñoz - Chaos: An Interdisciplinary Journal of Nonlinear …, 2022 - pubs.aip.org
Wealth distribution in an economic system is studied by means of an agent model, where
agents have a certain spending propensity and they interact over a given network. When the …

Is the wealth of the world's billionaires not Paretian?

KW Capehart - Physica A: Statistical Mechanics and its Applications, 2014 - Elsevier
According to previous studies that applied a popular goodness-of-fit test, the wealth of the
world's billionaires does not follow a Pareto distribution. The test applied by those studies …

An Unintended Effect of Financing the University Education of the Most Brilliant and Poorest Colombian Students: The Case of the Intervention of the Ser Pilo Paga …

P Medina, N Ariza, P Navas, F Rojas, G Parody… - …, 2018 - Wiley Online Library
In this paper, we show an unintended effect of the program Ser Pilo Paga (SPP) that was a
flagship program of the Colombian government between 2014 and 2018. It was designed as …

Critical behavior in earthquake energy dissipation

J Wanliss, V Muñoz, D Pastén, B Toledo… - The European Physical …, 2017 - Springer
We explore bursty multiscale energy dissipation from earthquakes flanked by latitudes 29° S
and 35.5° S, and longitudes 69.501° W and 73.944° W (in the Chilean central zone). Our …

Trading leads to scale-free self-organization

M Ebert, W Paul - Physica A: Statistical Mechanics and its Applications, 2012 - Elsevier
Financial markets display scale-free behavior in many different aspects. The power-law
behavior of part of the distribution of individual wealth has been recognized by Pareto as …

Critical behavior in earthquake energy dissipation

J Wanliss, V Muñoz, D Pastén, B Toledo… - Nonlinear Processes …, 2015 - npg.copernicus.org
We explore bursty multiscale energy dissipation from earthquakes flanked by latitudes 29
and 35.5° S, and longitudes 69.501 and 73.944° W (in the Chilean central zone). Our work …

[PDF][PDF] Research Article An Unintended Effect of Financing the University Education of the Most Brilliant and Poorest Colombian Students: The Case of the Intervention …

P Medina, N Ariza, P Navas, F Rojas, G Parody… - 2018 - academia.edu
In this paper, we show an unintended effect of the program Ser Pilo Paga (SPP) that was a
flagship program of the Colombian government between 2014 and 2018. It was designed as …

[PDF][PDF] ECOLOGIES OF WAR: Observing, Modeling and Simulating Insurgent Warfare as a Complex Adaptive System

JC Bohorquez - 2012 - academia.edu
A change is happening in the world of science driven by recent advancements in
computational modeling. We have turned our attention from modeling simple problems into …

Theoretical model to deduce a PDF with a power law tail using Extreme Physical Information

R Bonilla, R Zarama, JA Valdivia - arXiv preprint arXiv:1102.5313, 2011 - arxiv.org
The theory of Extreme Physical Information (EPI) is used to deduce a probability density
function (PDF) of a system that exhibits a power law tail. The computed PDF is useful to …