Limiting value of the Kolkata index for social inequality and a possible social constant

Article Type

Research Article

Publication Title

Physica A: Statistical Mechanics and its Applications

Abstract

Based on some analytic structural properties of the Gini and Kolkata indices for social inequality, as obtained from a generic form of the Lorenz function, we make a conjecture that the limiting (effective saturation) value of the above-mentioned indices is about 0.865. This, together with some more new observations on the citation statistics of individual authors (including Nobel laureates), suggests that about 14% of people or papers or social conflicts tend to earn or attract or cause about 86% of wealth or citations or deaths respectively in very competitive situations in markets, universities or wars. This is a modified form of the (more than a) century old 80−20 law of Pareto in economy (not visible today because of various welfare and other strategies) and gives an universal value (0.86) of social (inequality) constant or number.

DOI

10.1016/j.physa.2021.125944

Publication Date

7-1-2021

Comments

Open Access, Green

This document is currently not available here.

Share

COinS