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- W3121207577 abstract "It has been pointed out by Patriarca et al. (2005) that the power-law tailed equilibrium distribution in heterogeneous kinetic exchange models with a distributed saving parameter can be resolved as a mixture of Gamma distributions corresponding to particular subsets of agents. Here, we propose a new four-parameter statistical distribution which is a $kappa$-deformation of the Generalized Gamma distribution with a power-law tail, based on the deformed exponential and logarithm functions introduced by Kaniadakis(2001). We found that this new distribution is also an extension to the $kappa$-Generalized distribution proposed by Clementi et al. (2007), with an additional shape parameter $nu$, and properly reproduces the whole range of the distribution of wealth in such heterogeneous kinetic exchange models. We also provide various associated statistical measures and inequality measures." @default.
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- W3121207577 date "2018-01-01" @default.
- W3121207577 modified "2023-09-27" @default.
- W3121207577 title "A new $kappa$-deformed parametric model for the size distribution of wealth" @default.
- W3121207577 hasPublicationYear "2018" @default.
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