Journal
PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS
Volume 391, Issue 5, Pages 2023-2031Publisher
ELSEVIER SCIENCE BV
DOI: 10.1016/j.physa.2011.10.017
Keywords
Wealth distribution; Consumption function; Scale-free networks; Econophysics
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Funding
- international cooperation project [2010DFR00700]
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We investigate wealth distribution on scale-free networks with different consumption strategies. We indicate that nonlinear consumption function can lead to exponential wealth distribution with a power law tail in accordance with empirical data. In addition, we suggest that anti-degree preference and consumption promotion can make distribution more equal. This provides an effective and practical way to optimize the equality of wealth distribution. (C) 2011 Elsevier B.V. All rights reserved.
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