On the Analysis of Wealth Distribution in the Context of Infectious Diseases

A mathematical model is established to investigate the economic effects of infectious diseases. The distribution of wealth among two types of agents in the context of the epidemic is discussed. Using the method of statistical mechanics, the evolution of the entropy weak solutions for the model of the susceptible and the infectious involving wealth density functions is analyzed. We assume that as time tends to infinity, the wealth density function of the infectious is linearly related to the wealth density function of the susceptible individuals. Our results indicate that the spreading of disease significantly affects the wealth distribution. When time tends to infinity, the total wealth density function behaves as an inverse gamma distribution. Utilizing numerical experiments, the distribution of wealth under the epidemic phenomenon and the situation of wealth inequality among agents are discussed.

Authors

Institutions

Publication Details

Journal
Entropy
Published
2024-09-14
DOI
https://doi.org/10.3390/e26090788
Citations
2
Primary Topic
COVID-19 epidemiological studies
Type
article
Field-Weighted Citation Impact
0.79

Funders

Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

On the Analysis of Wealth Distribution in the Context of Infectious Diseases

Shaoyong Lai, Tingting Zhang, Minfang Zhao
2 citations
Entropy
COVID-19 epidemiological studies
0.79
article

On the Analysis of Wealth Distribution in the Context of Infectious Diseases

Shaoyong Lai, Tingting Zhang, Minfang Zhao
article en
2 citations

Abstract

A mathematical model is established to investigate the economic effects of infectious diseases. The distribution of wealth among two types of agents in the context of the epidemic is discussed. Using the method of statistical mechanics, the evolution of the entropy weak solutions for the model of the susceptible and the infectious involving wealth density functions is analyzed. We assume that as time tends to infinity, the wealth density function of the infectious is linearly related to the wealth density function of the susceptible individuals. Our results indicate that the spreading of disease significantly affects the wealth distribution. When time tends to infinity, the total wealth density function behaves as an inverse gamma distribution. Utilizing numerical experiments, the distribution of wealth under the epidemic phenomenon and the situation of wealth inequality among agents are discussed.

EntropyVol. 26(9)
Southwestern University of Finance and Economics (CN), Yili Normal University (CN)
National Natural Science Foundation of China
No poverty
Openalex Percentile: Top 30%
COVID-19 epidemiological studies
0.79
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

On the Analysis of Wealth Distribution in the Context of Infectious Diseases — Shaoyong Lai, Tingting Zhang, et al. · Entropy (2024) | TGRS Research Map | TGRS