A Mathematical Model of Universal Basic Income and Its Numerical Simulations
In this paper, an elementary mathematical model describing the introduction of a universal basic income in a closed market society is constructed. The model is formulated in terms of a system of nonlinear ordinary differential equations, each of which gives account of how the number of individuals i...
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Format: | article |
Language: | EN |
Published: |
MDPI AG
2021
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Online Access: | https://doaj.org/article/087242fda8ff4598a1608d6f7b7d64d7 |
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