Wealth distribution for different cooperation strategies

Authors

Maria Teresa R. Pulido ⋅ PH National Institute of Physics, University of the Philippines Diliman
Christopher P. Monterola ⋅ PH National Institute of Physics, University of the Philippines Diliman
Caesar A. Saloma ⋅ PH National Institute of Physics, University of the Philippines Diliman

Abstract

We investigate the wealth distribution of a population with simplified models of socialism, capitalism and kin selection as the strategy for cooperation. Clustering of income distribution at one specific range is observed in socialist and capitalist systems while several clusters result if kin selection is imposed. Our findings indicate that there is a trade-off between the desirable amount of wealth generated and its fair distribution among the individuals for any cooperative strategy.

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Issue

2002: Proceedings of the 20th Samahang Pisika ng Pilipinas Physics Congress

Ins-FIRE-ing excellence in physics education and research
23-25 October 2002, Ateneo de Naga University

Article ID

SPP-2002-PP-04

Section

Complex Systems and Environmental Physics

Published

2002-10-23

How to Cite

[1]

MTR Pulido, CP Monterola, and CA Saloma, Wealth distribution for different cooperation strategies, Proceedings of the Samahang Pisika ng Pilipinas 20, SPP-2002-PP-04 (2002). URL: https://proceedings.spp-online.org/article/view/SPP-2002-PP-04.