Download PDF by Bertil Näslund (auth.): An Analysis of Economic Size Distributions

By Bertil Näslund (auth.)

ISBN-10: 3540081429

ISBN-13: 9783540081425

ISBN-10: 3642952968

ISBN-13: 9783642952968

The uncomplicated proposal in the back of this publication is that during a industry economic climate there's never-ending kind, humans die and are born, new items and strategies emerge and outdated ones disappear and so forth. a few organizations develop others decline. a few humans get excessive salaries others get unemployed. possibilities, failures and services are to a wide volume random. An economic system has a certain quantity of assets to divide between its individuals. those assets might range through the years however the expense of swap within reason small. The variety of folks in society can also fluctuate however the price of swap is proscribed. For a society comparable to the only defined above i used to be attracted to deriving equilibrium distributions of varied varieties and make a few checks of the distributions came upon opposed to facts for various nations. i've got studied the next kinds of distributions a) source of revenue distribution b) sensible distribution of source of revenue c) dimension distributions of organizations. because the above pointed out distributions are similar; one other major objective of the publication has been to strengthen an identical strategy for the research of all 3 distributions in an effort to simplify the knowledge in their relations.

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Extra resources for An Analysis of Economic Size Distributions

Sample text

This is the only estimate that we are justified to use since any other would mean that we claim to have information that we do in fact not posses. 35) p. 1 For a further discussion of the use of information theory in this way in physics see Jaynes [49J. 4. Conclusions Using assumptions about scarce resources in a society we have shown various ways to determine how these resources will be divided among its members. All methods have given the exponential distribution. 2a is similar to economic reasoning since scarce resources are allocated and the method is constrained maximization.

5 1943 1. 15) Actual Data from Bronfenbrenner [20J p. 46. For Great ~ritain we have data [52a] for the top 5 for the years 1952/53 and 1955/56. 09. In the next chapter we shall use some of the results received here to determine the distribution of the economic result between labor and capital. 5. The data used are not very accurate and some rather strong deviances 1921-22, 1930 and 1941 are not unreasonable to expect. These years may also reflect certain circumstances (depression and war) which should be further investigated.

We shall assume that these transfers depend upon the size of the income units involved. Thus the exchange of income at time t between two income units of size x. and x. depends upon the size of both of them. This is l. ). l. J The number of such exchanges between a specific income unit of size xi and all income units of size x. ) J l. J by the frequence of income units of size x. , t) dx. l. J J J where f denotes the frequency of units of size x j . We do not know the exact form for the function g.

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An Analysis of Economic Size Distributions by Bertil Näslund (auth.)

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