4 ms·

http://books.google.com/books?id=onNuF70-xRIC&pg=PR9&dq=pareto+fractal+wealth+distribution&hl=en&ei=dquLTZyxDMuD0QH9k42HDg&sa=X&oi=book_result&ct=result&resnum=

http://books.google.com/books?id=onNuF70-xRIC&pg=PR9&dq=pareto+fractal+wealth+distribution&hl=en&ei=dquLTZyxDMuD0QH9k42HDg&sa=X&oi=book_result&ct=result&resnum=5&ved=0CEcQ6AEwBA#v=onepage&q=pareto%20fractal%20wealth%20distribution&f=false http://books.google.com/books?id=onNuF70-xRIC&pg=PR9&#38... "Pareto found that the distribution of income was well approximated by a log-normal distribution, except for approximately the upper 3 percent of wealthy individuals."

crasshopper 16y ago
The Pareto distribution goes as a power law -- the same distribution as self-organizing processes.
- crasshopper 16y ago
  Moreover you can generate a realistic wealth distribution via random auctions. (Hopefully you are becoming inspired to do some agent-based computational economic modelling! It's fun.)