ارتباط بین ریسک گریزی و توزیع ثروت
|کد مقاله||سال انتشار||مقاله انگلیسی||ترجمه فارسی||تعداد کلمات|
|51978||2004||7 صفحه PDF||سفارش دهید||محاسبه نشده|
Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)
Journal : Physica A: Statistical Mechanics and its Applications, Volume 342, Issues 1–2, 15 October 2004, Pages 186–192
Different models of capital exchange among economic agents have been recently proposed trying to explain the emergence of Pareto's wealth power-law distribution. One important factor to be considered is the existence of risk aversion. In this paper, we study a model where agents possess different levels of risk aversion, going from a uniform to a random distribution. In all cases the risk aversion level for a given agent is constant during the simulation. While for uniform and constant risk aversion the system self-organizes in a distribution that goes from an unfair “one takes all” distribution to a Gaussian one, a random risk aversion can produce distributions going from exponential to log-normal and power-law. Besides, interesting correlations between wealth and risk aversion are found.