2021
DOI: 10.48550/arxiv.2111.07516
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Evolutionary Dynamics of Social Inequality and Coincidence of Gini and Kolkata indices under Unrestricted Competition

Abstract: Social inequalities are ubiquitous and here we show that the values of the Gini (g) and Kolkata (k) indices, two generic inequality indices, approach each other (starting from g = 0 and k = 0.5 for equality) as the competitions grow in various social institutions like markets, universities, elections, etc. It is further showed that these two indices become equal and stabilize at a value (at g = k ≃ 0.87) under unrestricted competitions. We propose to view this coincidence of inequality indices as generalized v… Show more

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(2 citation statements)
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“…9). A comparison with similar observations in socio-economic data (see e.g., [17]) suggests similar emergent inequality as a result of unconstrained competitions in the social dynamics.…”
Section: Discussionsupporting
confidence: 75%
See 1 more Smart Citation
“…9). A comparison with similar observations in socio-economic data (see e.g., [17]) suggests similar emergent inequality as a result of unconstrained competitions in the social dynamics.…”
Section: Discussionsupporting
confidence: 75%
“…1). It was seen before that g c = k c ≈ 0.87 in systems with unrestricted competitions (see e.g., [7,17]).…”
Section: Discussionmentioning
confidence: 85%