Stochastic models with multiplicative noise for economic inequality and mobility

DOI10.1515/IJNSNS-2017-0228OpenAlexW3156949233MaRDI QIDQ2235329

Amit K. Chattopadhyay, Giovanni Modanese, Maria Letizia Bertotti

Publication date: 21 October 2021

Published in: International Journal of Nonlinear Sciences and Numerical Simulation (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1515/ijnsns-2017-0228

zbMATH Keywords

multiplicative noisesocial mobilitystochastic modeleconomic inequality

Mathematics Subject Classification ID

Biology and other natural sciences (92-XX) Game theory, economics, finance, and other social and behavioral sciences (91-XX)

Cites Work

• Micro to macro models for income distribution in the absence and in the presence of tax evasion
• Modelling taxation and redistribution: a discrete active particle kinetic approach
• The Fokker-Planck equation. Methods of solution and applications
• Basic kinetic wealth-exchange models: common features and open problems
• Stochastic effects in a discretized kinetic model of economic exchange

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