This Colloquium reviews statistical models for money, wealth, and income distributions
developed in the econophysics literature since the late 1990s. By analogy with the …

This article is the second part of a review of recent empirical and theoretical developments
usually grouped under the heading Econophysics. In the first part, we reviewed the statistical …

Power law distributions, also known as heavy tail distributions, model distinct real life
phenomena in the areas of biology, demography, computer science, economics, information …

This is a review article for Encyclopedia of Complexity and System Science, to be published
by Springer http://refworks. springer. com/complexity/. The paper reviews statistical models …

The last 25 years have seen the development of a significant literature within the subfield of
econophysics which attempts to model economic inequality as the emergent property of …

We review the basic kinetic wealth-exchange models of Angle [J. Angle, Social Forces 65,
293 (1986); J. Math. Sociol. 26, 217 (2002)], Bennati [E. Bennati, Rivista Internazionale di …

Simple agent based exchange models are a commonplace in the study of wealth distribution
in an artificial economy. Generally, in a system that is composed of many agents …

Some general features of statistical multi-agent economic models are reviewed, with
particular attention to the dependence of the equilibrium wealth distribution on the agents' …

This report uses the third wave of the Household Finance and Consumption Survey (HFCS)
to analyse the distribution of household wealth in Austria. Special focus is given to the …

Random Asset Exchange (RAE) models, despite a number of simplifying assumptions, serve
the purpose of establishing direct relationships between microscopic exchange mechanisms …