Random trading market: Drawbacks and a realistic modification

Simple item page
dc.creatorPradhan, Srutarshi
dc.date2005-03-14
dc.date.accessioned2026-07-07T05:54:22Z
dc.date.available2026-07-07T05:54:22Z
dc.descriptionWe point out some major drawbacks in random trading market models and propose a realistic modification which overcomes such drawbacks through `sensible trading'. We apply such trading policy in different situations: a) Agents with zero saving factor b) with constant saving factor and c) with random saving factor --in all the cases the richer agents seem to follow power laws in terms of their wealth (money) distribution which support Pareto's observation.
dc.description8 pages, 3 figures
dc.identifierhttps://arxiv.org/abs/physics/0503105
dc.identifierhttp://arxiv.org/abs/physics/0503105
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/86939
dc.subjectPhysics and Society
dc.titleRandom trading market: Drawbacks and a realistic modification
dc.typetext

Files

Collections

arXiv