New evidence for the power-law distribution of wealth

被引:210
作者
Levy, M
Solomon, S
机构
[1] Department of Theoretical Physics, Hebrew University of Jerusalem
来源
PHYSICA A | 1997年 / 242卷 / 1-2期
关键词
D O I
10.1016/S0378-4371(97)00217-3
中图分类号
O4 [物理学];
学科分类号
0702 ;
摘要
We present a non-conventional approach for studying the distribution of wealth in society. We analyze data from the 1996 Forbes 400 list of the richest people in the US. Our results confirm that wealth is distributed according to a power law. The measured exponent of the power-law is 1.36. As theoretically predicted, this value is in close agreement with the exponent of the Levy distribution of stock market fluctuations.
引用
收藏
页码:90 / 94
页数:5
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