framework
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framework:ged-model-growth-exchange-and-distributionGED model (growth, exchange, and distribution)
Mean-field theory model describing phase transitions in wealth distribution with economic growth.
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Concepts (2)
concept
- Wealth concentration modelsimplementsCentral question: whether existing models fail to account for voluntary wealth-sharing mechanisms that existed historically.
- W. KleinintroducesCo-developer of mean-field theory of wealth distribution and growth models.
Frameworks (1)
framework
- Theoretical framework extending Yard-Sale model to characterize phase transitions in wealth dynamics under economic growth.
Related by similarity (8)
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