The following information was submitted:
Transactions: WSEAS TRANSACTIONS ON MATHEMATICS
Transactions ID Number: 89-289
Full Name: Giuseppe Di Biase
Position: Associate Professor
Age: ON
Sex: Male
Address: via dei Vestini, 31, 66013, Chieti
Country: ITALY
Tel: 08713554608
Tel prefix: 0039
Fax: 003908713554622
E-mail address: dibiase@unich.it
Other E-mails: g.damico@unich.it
Title of the Paper: generalized concentration/inequality indices of economic systems evolving in time
Authors as they appear in the Paper: Guglielmo D'Amico, Giuseppe Di Biase
Email addresses of all the authors: g.damico@unich.it,dibiase@unich.it
Number of paper pages: 10
Abstract: In this paper time evolving indices are defined and studied through the introduction of a population structure chancing during the time. These indices are useful to describe the concentration (or inequality) of the wealth in a stochastic model of the wealth evolution. Here some static indices usually used in literature are generalized. In particular the paper shows how it is possible to generalize the Herfindahl-Hirschman and Gini indices and the Theil's entropy. These indices become stochastic processes of which the moments and the asymptotic behavior is provided. A computation of such indices and their asymptotic behavior in different economical scenarios concludes the paper.
Keywords: Population dynamic, Herfindahl-Hirschman index, Gini index, Theil's entropy, Rewards.
EXTENSION of the file: .pdf
Special (Invited) Session: Dynamic concentration/inequality indices of economic systems
Organizer of the Session: 697-639
How Did you learn about congress: Deivamoney Selvam, selvam@nitt.edu ; Marco Dall'Aglio, mdallaglio@luiss.it
IP ADDRESS: 192.167.13.132