Inelastically scattering particles and wealth distribution in an open economy

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Using the analogy with inelastic granular gasses we introduce a model for wealth exchange in society. The dynamics is governed by a kinetic equation, which allows for self-similar solutions. The scaling function has a power-law tail, the exponent being given by a transcendental equation. In the limit of continuous trading, closed form of the wealth distribution is calculated analytically.
8 pages 5 figures

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Statistical Mechanics, Disordered Systems and Neural Networks, General Finance

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http://salesiana.dossiersoluciones.com/handle/123456789/208774

Consulte el texto completo en el siguiente enlace:

https://arxiv.org/abs/cond-mat/0311235
 http://arxiv.org/abs/cond-mat/0311235
 Phys. Rev. E 69, 046102 (2004)
 doi:10.1103/PhysRevE.69.046102

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arXiv