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Inequality measures in kinetic exchange models of wealth distributions

In this paper, we study the inequality indices for some models of wealth exchange. We calculated Gini index and newly introduced k-index and compare the results with reported empirical data available for different countries. We have found lower and upper bounds for the indices and discuss the efficiencies of the models. Some exact analytical calculations are given for a few cases. We also exactly compute the quantities for Gamma and double Gamma distributions.

preprint2016arXivOpen access
Asim GhoshArnab ChatterjeeJun-ichi InoueBikas K. Chakrabarti
q-fin.GNphysics.soc-ph
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Open access4 authors2 topics
Imported metadata coverageMissing code, dataset, citation and institution fields are tracked without dominating the paper.Details
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Asim GhoshArnab ChatterjeeJun-ichi InoueBikas K. Chakrabarti

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