• Title of article

    Inequality indicators and distinguishability in economics

  • Author/Authors

    Meir J. Rosenblatt، نويسنده , , K. Martin?s، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2008
  • Pages
    8
  • From page
    2047
  • To page
    2054
  • Abstract
    Money has a material counterpart, such as banknotes or coins, and an ideal expression, monetary units. In the latter case, it is boson-like: individual incomes have no a priori limit, and their units are not distinguishable from each other in economic processes. Individuals, on the other hand, usually occupy one job at a time which makes them akin to fermions. We apply to individual incomes down-to-earth statistical calculations, similar to those for quantum particles, and obtain expressions for the cumulative distribution function, probability density and Lorenz function resulting from the simultaneous use of both statistics. They provide extremely good fits to corresponding data on French income distributions. On this basis, we propose a new entropic inequality indicator.
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Serial Year
    2008
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Record number

    872377