arXiv · cond-mat/0307270
The mean-field approximation model of company's income growth
Abstract
We introduce a mean-field type approximation for description of company's income statistics. Utilizing huge company data we show that a discrete version of Langevin equation with additive and multiplicative noises can appropriately describe the time evolution of a company's income fluctuation in statistical sense. The Zipf's law of income distribution is shown to be hold in a steady-sate widely, and country-dependence of income distribution can also be nicely implemented in our numerical simulation.
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Takayuki Mizuno, Misako Takayasu, Hideki Takayasu. 2003-08-19. The mean-field approximation model of company's income growth. https://doi.org/10.1016/j.physa.2003.10.006
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