Abstract

This paper deals with the modeling, qualitative and numerical analysis, of welfare dynamics in societies viewed as complex evolutive systems subject to different policies of wealth distribution. A nonlinear model of wealth distribution is presented. The state of a population is modeled by a probability distribution over wealth classes and the dynamic of interaction is parameterized by a threshold, whose dynamics depends on an internal competition related to the wealth distribution. Therefore, the model is a system of equations in which the threshold is one of the dynamic variables. The approach contains the whole path from modeling to simulations, through a qualitative analysis of the initial value problem.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.