302,387 research outputs found
Study of the Wealth Inequality in the Minority Game
To demonstrate the usefulness of physical approaches for the study of
realistic economic systems, we investigate the inequality of players' wealth in
one of the most extensively studied econophysical models, namely, the minority
game (MG). We gauge the wealth inequality of players in the MG by a well-known
measure in economics known as the modified Gini index. From our numerical
results, we conclude that the wealth inequality in the MG is very severe near
the point of maximum cooperation among players, where the diversity of the
strategy space is approximately equal to the number of strategies at play. In
other words, the optimal cooperation between players comes hand in hand with
severe wealth inequality. We also show that our numerical results in the
asymmetric phase of the MG can be reproduced semi-analytically using a replica
method.Comment: 9 pages in revtex 4 style with 3 figures; minor revision with a
change of title; to appear in PR
AC Breakdown Characteristics of LDPE in the Presence of Crosslinking By-products.
LDPE films of 50?m thick were soaked into crosslinking byproducts which are acetophenone, ?-methylstyrene and cumyl alcohol. The samples were used to perform the breakdown strength (Eb) of the LDPE with the byproducts chemical reside in the sample. The AC breakdown measurements were conducted at a ramp rate of 50V/s at room temperature. Weibull plot is used to analyse the ac breakdown result. Comparing the soaked and un-soaked (fresh LDPE) samples, it does show a small reduction of the eta values as the LDPE films were soaked into the sample. It suggests that the breakdown strength is reduced by adding the byproducts in the LDPE film. However, as the range of breakdown strength of all samples are to be compared, these values fall in the same region which indicate no significant difference can be seen in all samples
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