Inequalities of wealth distribution in a conservative economy

We analyze a conservative market model for the competition among economic agents in a close society. A minimum dynamics ensures that the poorest agent has a chance to improve its economic welfare. After a transient, the system self-organizes into a critical state where the wealth distribution have a minimum threshold, with almost no agent below this poverty line, also, very few extremely rich agents are stable in time. Above the poverty line the distribution follows an exponential behavior. The local solution exhibits a low Gini index, while the mean field solution of the model generates a wealth distribution similar to welfare states like Sweden.Comment: 7 pages, 4 figures, submitted to Physica A, Proceedings of the VIII LAWNP, Salvador, Brazil, 200

Living in an Irrational Society: Wealth Distribution with Correlations between Risk and Expected Profits

Different models to study the wealth distribution in an artificial society have considered a transactional dynamics as the driving force. Those models include a risk aversion factor, but also a finite probability of favoring the poorer agent in a transaction. Here we study the case where the partners in the transaction have a previous knowledge of the winning probability and adjust their risk aversion taking this information into consideration. The results indicate that a relatively equalitarian society is obtained when the agents risk in direct proportion to their winning probabilities. However, it is the opposite case that delivers wealth distribution curves and Gini indices closer to empirical data. This indicates that, at least for this very simple model, either agents have no knowledge of their winning probabilities, either they exhibit an ``irrational'' behavior risking more than reasonable.Comment: 7 pages, 8 figure

The renormalized jellium model for spherical and cylindrical colloids

Starting from a mean-field description for a dispersion of highly charged spherical or (parallel) rod-like colloids, we introduce the simplification of a homogeneous background to include the contribution of other polyions to the static field created by a tagged polyion. The charge of this background is self-consistently renormalized to coincide with the polyion effective charge, the latter quantity thereby exhibiting a non-trivial density dependence, which directly enters into the equation of state through a simple analytical expression. The good agreement observed between the pressure calculated using the renormalized jellium and Monte Carlo simulations confirms the relevance of the {renormalized} jellium model for theoretical and experimental purposes and provides an alternative to the Poisson-Boltzmann cell model since it is free of some of the intrinsic limitations of this approach

Economic exchanges in a stratified society: End of the middle class?

We study the effect of the social stratification on the wealth distribution on a system of interacting economic agents that are constrained to interact only within their own economic class. The economical mobility of the agents is related to its success in exchange transactions. Different wealth distributions are obtained as a function of the width of the economic class. We find a range of widths in which the society is divided in two classes separated by a deep gap that prevents further exchange between poor and rich agents. As a consequence, the middle wealth class is eliminated. The high values of the Gini indices obtained in these cases indicate a highly unequal society. On the other hand, lower and higher widths induce lower Gini indices and a fairer wealth distribution.Comment: 7 pages, 2 figures, 1 table, to appear in Physica

Correlation between Risk Aversion and Wealth distribution

Different models of capital exchange among economic agents have been proposed recently trying to explain the emergence of Pareto's wealth power law distribution. One important factor to be considered is the existence of risk aversion. In this paper we study a model where agents posses different levels of risk aversion, going from uniform to a random distribution. In all cases the risk aversion level for a given agent is constant during the simulation. While for a uniform and constant risk aversion the system self-organizes in a distribution that goes from an unfair ``one takes all'' distribution to a Gaussian one, a random risk aversion can produce distributions going from exponential to log-normal and power-law. Besides, interesting correlations between wealth and risk aversion are found.Comment: 8 pages, 7 figures, submitted to Physica A, Proceedings of the VIII LAWNP, Salvador, Brazil, 200

Wealth redistribution with finite resources

We present a simplified model for the exploitation of finite resources by interacting agents, where each agent receives a random fraction of the available resources. An extremal dynamics ensures that the poorest agent has a chance to change its economic welfare. After a long transient, the system self-organizes into a critical state that maximizes the average performance of each participant. Our model exhibits a new kind of wealth condensation, where very few extremely rich agents are stable in time and the rest stays in the middle class.Comment: 4 pages, 3 figures, RevTeX 4 styl

Socio-Ecological Connectivity for Productive, Circular and Resilient Territories. The Experience of the "Saturn" EIT Climate-KIC Pan European Project

Since the European conference on Sustainable Cities and Towns happened in Aalborg in 1994 the urgency to promote a more balanced relationship and to enhance the reconnection between urban and rural areas became a matter of discussion in research and policy-making. A further important push towards the implementation of reconnection strategies occurred in 1997 with the European Conference on Rural Development. Nowadays, many stakeholders involved in territorial and landscape planning, in order to implement a new relationship between cities and countryside, aim to remove rural areas from margins, to bring citizens closer to the urgent need to safeguard the entire natural ecosystem, and to preserve rural areas and the ecosystem services they provide. The food system can be a key of reconnection between urban and rural areas and has a great impact on materials and energy flows in the metabolism of a city-region. The contribution will explore the spatial transformation of urban and rural landscapes in the city of Trento through a multidisciplinary lens on social dynamics and the governance of food policies